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.
Overland Oil & Gas LLC retained EnergyNet for the sale of a package of Williston Basin assets in North Dakota through an auction closing Nov. 5.
The offer includes producing mineral and royalty interests in a 26 well package located in McKenzie County, N.D. An affiliate of Oasis Petroleum Inc. is the operator of the assets.
Highlights:
- 0.316406% to 0.021325% Mineral Interest/Royalty Interest in 26 Bakken/Three Forks Wells
- 10 Producing | 16 Confidential Status
- Current Average 8/8ths Production: 16,559 barrels per day of Oil and 33.236 million cubic feet per day of Gas
- Two-Month Average Net Cash Flow: $43,195 per Month
- Operator: Oasis Petroleum North America LLC
Bids are due by 2:15 p.m. CDT Nov. 5. 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
Trump Tariff Threat Raises Consternation Among Oil Lobbying Groups
2024-11-26 - Late Nov. 25, President-elect Donald Trump said one of his first executive orders would be to enact a 25% tariff on “all products” originating from Canada and Mexico, a move that could escalate refined products prices.
Trump Prepares Wide-Ranging Plans to Boost Gas Exports, Oil Drilling
2024-11-26 - Sources say that Trump will lift Biden's pause on LNG export licenses, expedite drilling permits on federal land and boots auctions of offshore drilling leases.
Attitude Adjustment Incoming from DC, Energy Experts Say
2024-11-25 - The energy Industry can expect more cooperation from the federal government through personnel and policy adjustments.
Electrification of Permian Faces a Problem: Not Enough Shock for the System
2024-11-21 - Permian Basin producers may have to wait years for Texas utilities to grow the grid.