The following information is provided by EnergyNet. All inquiries on the following listings should be directed to EnergyNet. Hart Energy is not a brokerage firm and does not endorse or facilitate any transactions.

Josey Oil Co. Ltd. retained EnergyNet for the sale of West Texas assets within the Permian Basin through a sealed-bid offering closing July 2.

The offer comprises of producing minerals and surface acreage in Ward County, Texas.

Highlights:

  • 160.00 Gross / Net Mineral Acres:
    • 5.067178% RI in the Trott 34 183 1H Well
    • 8.612443% RI in the Meridith 183 Unit 1H Well | Recently Producing (Information not yet available through the RRC)
      • Six-Month Average 8/8ths Production: 20 barrels per day of Oil and 96,000 cubic feet per day of Gas
      • Operator: Luxe Operating LLC
    • Includes 160.00 Net Surface Acres
  • 92 Active Offset Permits
    • 31 Active | 14 Completed | 20 Drilled/Drilling | 27 Permitted
  • 56 Active Offset Producers
    • Seven Bone Spring | Seven Delaware | 36 Wolfcamp
  • Select Area Operators include Anadarko Petroleum Corp., Carrizo Oil & Gas Inc., COG Operating LLC, OXY USA Inc. and XTO Energy Inc.
Josey Oil Ward County, Texas Asset Map (Source: EnergyNet)
Josey Oil Ward County, Texas Asset Map (Source: EnergyNet)

Bids are due by 4 p.m. CDT July 2. For complete due diligence information energynet.com or email Heidi Epstein, manager of business development, at Heidi.Epstein@energynet.com, or Denna Arias, director of transaction management, at Denna.Arias@energynet.com.

Onshore