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.
Vantage Petro Partners LLC retained EnergyNet for the sale of operations in an 11-well package plus leasehold acreage in Jim Hogg County, Texas, through an auction closing Dec. 16.
Highlights:
Operations in 11 Wells:
- 100.00% to 85.49041% Working Interest / 75.27344% to 63.3496% Net Revenue Interest (Before Payout)
- Eight Producing Wells | Three Non-Producing Wells
- Six-Month Average 8/8ths Production: 479,000 cubic feet per day of Gas and 14 bbl/d of Oil
- Eight Producing Wells | Three Non-Producing Wells
- 12-Month Average Net Income: $12,023 per Month
- 1,879.3484 Net Leasehold Acres
Bids are due by 1:50 p.m. CST Dec. 16. For complete due diligence information on either package visit energynet.com or email Cody Felton, vice president of business development, at Cody.Felton@energynet.com, or Denna Arias, vice president of corporate development, at Denna.Arias@energynet.com.
Recommended Reading
Solaris Stock Jumps 40% On $200MM Acquisition of Distributed Power Provider
2024-07-11 - With the acquisition of distributed power provider Mobile Energy Rentals, oilfield services player Solaris sees opportunity to grow in industries outside of the oil patch—data centers, in particular.
TotalEnergies Buys UK Power Plant from EIG for $575MM
2024-06-06 - TotalEnergies signed an agreement with EIG, an institutional investor in the global energy sector, for the acquisition of all the shares of West Burton Energy for an enterprise value of £450 million (US$575 million).
Family Offices: Familiar and New Names Coming to Oil, Gas Table
2024-06-06 - Haynes and Boone semi-annual surveys of oil and gas lenders and producers reveal measured optimism capital formation—and a broader audience of family offices than seen in prior decades is tuning in.
CrownRock Offloads Oxy Shares Two Weeks After Closing $12B Deal
2024-08-15 - Underwriters of the offering agreed to purchase CrownRock’s Occidental stock at $58.15 per share, which will result in approximately $1.719 billion in proceeds before expenses.
ISS, Glass Lewis Push Crescent, SilverBow Shareholders to Vote for Merger
2024-07-19 - Proxy Advisory firms Institutional Shareholder Services and Glass Lewis also recommend that Crescent Energy shareholders vote for the approval of the issuance of shares on Crescent Class A common stock.