EnergyQuest II LLC

Transaction Type
Sellers
Marketers
Field
Pena Creek and Briscoe Ranch fields
Post Date
Close Date
Estimated Price
0MM
Description

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.

EnergyQuest II LLC retained EnergyNet to sell operated South Texas assets located in the Pena Creek and Briscoe Ranch fields through a sealed-bid offering.

The offer includes 100% gross working interest and operations plus overriding royalty interest in 355 wells in Dimmit County, Texas.

Property Highlights:

  • Operated Working Interest in 355 Wells:
    • 100.00% WI / 72.00% to 86.50% NRI
    • Additional 3.00% ORRI in the Briscoe Wells
  • Six-Month Average Net Income: $90,157/Month
  • Six-Month Average 8/8ths Production: 137 bbl/d of Oil and 520 Mcf/d of Gas

Bids are due at 4 p.m. CST Sept. 12. For complete due diligence information visit energynet.com or email Heidi Epstein, business development representative for EnergyNet, at Heidi.Epstein@energynet.com.

For further information contact Denna Arias, director of transactions and business development for EnergyNet, at 832-403-3125 or Denna.Arias@energynet.com.