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.
Ridge Runner Resources Operating LLC retained EnergyNet for the sale of a Wolfcamp Shale opportunity in the Permian Basin through a sealed-bid offering comprised of certain oil and gas properties and related assets located in New Mexico’s Lea County.
Highlights:
- 960.00 Gross (220.63 Net) HBP Leasehold Acres
- 140.63 Net Acres Subject to Depth Restrictions
- 69 Active Offset Permits
- 15 Active | Three Drilled | Four DUCs | 47 Permitted
- 1,673 Active Offset Producers
- Select Area Operators include Chevron USA Inc., Cimarex Energy Co., COG Operating LLC, ConocoPhillips Co., EOG Resources Inc. and Matador Production Co.
![Marketed: Ridge Runner Resources Wolfcamp Shale Permian Basin Assets](/sites/default/files/inline-images/Screen%20Shot%202020-09-25%20at%2012.33.50%20PM.png)
- 194.8813 Net HBP Leasehold Acres
- 127.6025 Net Acres are Subject to Depth Restrictions
- Eight Active Offset Permits
- Four Active | Four Permitted
- 1,347 Active Offset Producers
- Select Area Operators include BXP Operating LLC, Chevron USA Inc., ConocoPhillips Co., Cross Timbers Energy LLC and Matador Production Co.
![Marketed: Ridge Runner Resources Wolfcamp Shale Permian Basin Assets](/sites/default/files/inline-images/Screen%20Shot%202020-09-25%20at%2012.34.01%20PM.png)
- 320.00 Gross/Net Non-Producing Leasehold Acres in Section 14-T18S-R34E
- 160.00 Gross/Net Non-Producing Leasehold Acres in Section 23-T18S-R34E
- 100% of Oil and Gas Leases (Delivering 80% Net Revenue Interest)
- 69 Active Offset Permits
- 15 Active | Three Drilled | Four DUCs | 47 Permitted
- 1,673 Active Offset Producers
- Select Area Operators include Chevron USA Inc., Cimarex Energy Co., COG Operating LLC, ConocoPhillips Co., EOG Resources Inc. and Matador Production Co.
![Marketed: Ridge Runner Resources Wolfcamp Shale Permian Basin Assets](/sites/default/files/inline-images/Screen%20Shot%202020-09-25%20at%2012.34.13%20PM.png)
Bids are due at 4 p.m. CT Oct. 14. For complete due diligence information visit energynet.com or email Lindsay Ballard, vice president of business development, at Lindsay.Ballard@energynet.com, or Denna Arias, vice president of corporate development, at Denna.Arias@energynet.com.
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