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.
Texas Independent Exploration Ltd. retained EnergyNet for the sale of a Bone Spring opportunity within the Permian Basin through a sealed-bid offering closing on Dec. 16.
The offering consists of nonoperated working interest in a three well package operated by XTO Energy Inc. in Pecos County, Texas.
Highlights:
- Nonoperated Working Interest in Three Producing Wells (Wellbore Only):
- 2.00% Working Interest / 1.50% Net Revenue Interest
- 10,000-ft Laterals for All Three Wells
- Target Zones: Avalon, 2nd and 3rd Bone Spring
- Current Average 8/8ths Production: 3,004 bbl/d of Oil and 2.667 MMcf/d of Gas
- Operator: XTO Energy Inc.
Bids are due by 4 p.m. CST Dec. 16. For complete due diligence information on either package visit energynet.com or email Heidi Epstein, manager of business development, at Heidi.Epstein@energynet.com, or Denna Arias, vice president of corporate development, at Denna.Arias@energynet.com.
Recommended Reading
Crescent Energy Closes $905MM Acquisition in Central Eagle Ford
2025-01-31 - Crescent Energy’s cash-and-stock acquisition of Carnelian Energy Capital Management-backed Ridgemar Energy includes potential contingency payments of up to $170 million through 2027.
Petro-Victory Buys Oil Fields in Brazil’s Potiguar Basin
2025-02-10 - Petro-Victory Energy is growing its footprint in Brazil’s onshore Potiguar Basin with 13 new blocks, the company said Feb. 10.
Apollo Funds Acquires NatGas Treatment Provider Bold Production Services
2025-02-12 - Funds managed by Apollo Global Management Inc. have acquired a majority interest in Bold Production Services LLC, a provider of natural gas treatment solutions.
Nabors Closes $370MM Parker Wellbore Acquisition
2025-03-12 - The acquisition of Parker Wellbore adds a large-scale, high performance tubular rental and repairs services operation in the Lower 48 and offshore U.S. to the Nabors portfolio.
VAALCO Acquires 70% Interest in Offshore Côte D’Ivoire Block
2025-03-03 - Vaalco Energy announced a farm-in of CI-705 Block offshore West Africa, which it will operate under the terms of an acquisition agreement.