Marketed: Bonanza Mineral Haynesville Production, DeSoto Parish

Transaction Type
Marketers
Basin
Haynesville
Announce Date
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.

Bonanza Mineral Partners LLC retained EnergyNet for the sale of Haynesville Shale assets in northern Louisiana through an auction closing Aug. 15.

The offering comprises producing mineral and royalty interests in over 50 wells located in DeSoto Parish, La. The package also includes Cotton Valley potential, according to EnergyNet.

Highlights:

  • 308.00 Net Royalty Acres:
    • 3.75% to 0.388806% Royalty Interest in 52 Wells
    • 43 Producing Wells | One Non-Producing Well | Eight Shut-In Wells
  • Six-Month Average 8/8ths Production: 70.409 million cubic feet per day of Gas and 31 barrels per day of Oil
  • Six-Month Average Net Income: $103,893 per Month
  • Operators: Covey Park Energy LLC and Indigo II Louisiana Operating LLC (Editor's note: Covey Park was acquired by Comstock Resources Inc. in a transaction that closed July 16.)

Bids are due by 2 p.m. CDT Aug. 15. For complete due diligence information energynet.com or email Michael Baker, vice president of business development, at Michael.Baker@energynet.com, or Denna Arias, director of transaction management, at Denna.Arias@energynet.com.