Marketed: QEP Resources Western Wyoming Properties, Leasehold

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 western Wyoming properties through an auction closing July 24.

The offer comprises operations, nonoperated working interest and overriding royalty interest (ORRI) in 285 properties plus over 20,000 net HBP leasehold acres located in Lincoln and Sublette counties, Wyo.

Highlights:

• ORRI in 260 Properties:
  • 6.25% to 0.219666% ORRI
  • 139 Producing Properties | 12 Non-Producing Properties | One Saltwater Disposal | 108 Shut-In Properties
  • Operators: EOG Resources Inc., Pinedale Investment Inc. and Wexpro Co.
• Operating Working Interest in Four Properties:
  • 100.00% to 35.00% Working Interest / 81.218749% to 28.875% Net Revenue Interest
  • Two Producing Properties | Two Shut-In Properties
• Nonoperated Working Interest in 21 Properties:
  • 50.00% to 2.45614% Working Interest / 37.25% to 0.207076% Net Revenue Interest
  • An Additional 0.385947% to 0.153509% ORRI in 14 Properties
  • 18 Producing Properties | Two Non-Producing Properties | One Shut-In Property
  • Operators: EOG Resources Inc. and Wexpro Co.
• Six-Month Average 8/8ths Production: 9.946 million cubic feet per day of Gas and 96 barrels per day of Oil
• Six-Month Average Net Cash Flow: $16,815 per Month
• 20,375.851 Net HBP Leasehold Acres
  • Seller Reserves All Depths Below the Top of the Madison Formation

Bids are due by 2 p.m. CDT July 24. For complete due diligence information energynet.com or email Ryan Dobbs, vice president of business development, at Ryan.Dobbs@energynet.com, or Denna Arias, director of transaction management, at Denna.Arias@energynet.com.