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.
Vitruvian Exploration IV LLC retained EnergyNet for the sale of an Eagle Ford Shale opportunity in South Texas through a sealed-bid offering closing Dec. 4.
The offering includes 100% gross working interest with operations in a two well package plus leasehold acres in La Salle and McMullen counties, Texas.
Highlights:
- 100.00% Working Interest / 75.00% Net Revenue Interest in Two Producing Wells
- Six-Month Average 8/8ths Production: 4.279 million cubic feet per day of Gas
- 12-Month Average Net Income: $342,527 per Month
- 19,967.32 Net Leasehold Acres
![Vitruvian Exploration Eagle Ford Shale Opportunity Asset Map, La Salle and McMullen counties, Texas (Source: EnergyNet)](/sites/default/files/inline-images/Vitruvian%20Exploration%20Eagle%20Ford%20Shale%20Opportunity%20Asset%20Map%20La%20Salle%20and%20McMullen%20Counties%20Texas%20Source%20EnergyNet.png)
Bids are due by 4 p.m. CST Dec. 4. For complete due diligence information visit 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.
Recommended Reading
Element3 Produces Lithium Carbonate from Permian Oil, Gas Wastewater
2025-02-10 - Element3 says it produced the battery-grade lithium carbonate using a Double Eagle Energy Holding subsidiary’s wastewater in the Midland Basin.
Halliburton-Backed Startup Espiku Nears Water Treatment Pilot
2025-02-04 - Oregon-based Espiku, in collaboration with Halliburton Labs, aims to help drillers reuse produced water and reduce disposal. The company is scouting potential pilot project sites in the Permian Basin, Bakken and North Texas.
Hirs: Investing for 2025—Growth by Acquisition
2025-01-29 - Fundamentals will push against increased production and a buyers’ market will rule.
Energy Spectrum, UGI JV Buys Three Appalachia Gathering Systems
2025-01-28 - Pine Run Gathering LLC, a joint venture between Energy Spectrum Partners and UGI Corp., purchased three gathering systems in Pennsylvania from Superior Midstream Appalachian LLC.