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.
An affiliate of QEP Resources Inc. retained EnergyNet for the sale of a package of mineral and royalty assets across Indiana through an auction closing Dec. 3.
The package includes producing mineral and royalty interests in 12 wells plus non-producing minerals located in Gibson, Knox, Parke, Pike, Posey, Sullivan, Vanderburgh and Vigo counties, Ind.
Highlights:
- 691.74 Net Mineral Acres
- 512.08 Net Non-Producing Minerals
- 179.66 Net Producing Minerals
- 6.25% to 0.39062% Royalty Interest in 12 Wells:
- 11 Producing Wells | One Non-Producing Well
- Six-Month Average Net Income: $1,307 per Month
- Six-Month Average 8/8ths Production: 18 barrels per day of Oil
- Select Operators include CDG Operations LLC, Crown Well Service Inc. and Warren American Oil Co.
![QEP Indiana Mineral, Royalty Package Production Curve Chart (Source: EnergyNet)](/sites/default/files/inline-images/QEP%20Indiana%20Mineral%20Royalty%20Package%20Production%20Curve%20Chart%20Source%20EnergyNet.png)
Bids are due by 2:40 p.m. CST Dec. 3. For complete due diligence information visit energynet.com or email Ryan P. Dobbs, vice president of business development, at Ryan.Dobbs@energynet.com, or Denna Arias, director of transaction management, at Denna.Arias@energynet.com.
Recommended Reading
Occidental Clears FTC Scrutiny to Close $12B CrownRock Deal
2024-07-18 - The waiting period for Occidental’s $12 billion acquisition of CrownRock LP under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 has expired, clearing the way for the deal to close next month.
New Wells Underway: Private E&Ps Pulled 40% of US Permits in May
2024-07-17 - Private E&Ps are keeping pace with public operators in taking permits for new-drill horizontals across the Lower 48, according to a research report.
NatGas A&D Warms Up as BKV Sells Marcellus Assets for $132MM
2024-07-12 - Natural gas M&A may be heating up as Barnett Shale-focused E&P BKV Corp. sold interests in gassy northeast Pennsylvania properties for nearly $132 million, according to regulatory filings.
Are 3-mile Laterals Worth the Extra Mile?
2024-07-12 - Every additional foot increases production, but it also increases costs.