Marketed: Chaparral Energy Northern Anadarko Basin Package
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.
An affiliate of Chaparral Energy Inc. retained EnergyNet for the sale of a northern Anadarko Basin opportunity through a sealed-bid offering closing Oct. 4.
The offering includes operations, nonoperated working interest and overriding royalty interests (ORRI) in more than 200 wells located in multiple Oklahoma counties.
Highlights:
- Operated Working Interest in the Wellbores of 104 Wells:
- 100.00% to 13.125% Working Interest / 87.50% to 10.37712% Net Revenue Interest
- An Additional 6.72448% to 0.17266% ORRI in 35 Wells
- Three Wells Completed in Multiple Formations
- 38 Producing Wells | Eight Saltwater Disposal Wells | One Water Supply Well | 55 Non-Producing Wells | Two Plugged and Abandoned Wells
- Nonoperated Working Interest in the Wellbores of 95 Wells:
- 50.00% to 0.004313% Working Interest / 43.75% to 0.003623% Net Revenue Interest
- An Additional 4.04947% to 0.056372% ORRI in Eight Wells
- The Foster, L.A. #2-21 is Completed in Multiple Zones
- 58 Producing Wells | 33 Non-Producing Wells | Two Shut-In Wells | One Plugged and Abandoned Well | One Temporarily Abandoned Well
- Select Operators include Chesapeake Operating LLC, Devon Energy Production Co. LP, Riviera Operating LLC and Sandridge Exploration & Production LLC
- ORRI in the Wellbores of Seven Wells:
- 3.125% to 0.016382% ORRI
- Five Producing Wells | Two Non-Producing Wells
- Operators include BRG Petroleum LLC, Chesapeake Operating LLC, Cimarex Energy Co. and Riviera Operating LLC
- Six-Month Average 8/8ths Production: 24.406 million cubic feet per day of Gas and 537 barrels per day of Oil
- 10-Month Average Net Cash Flow: $54,495 per Month
Bids are due by 4 p.m. CDT Oct. 4. For complete due diligence information energynet.com or email Ethan House, vice president of business development, at Ethan.House@energynet.com, or Denna Arias, director of transaction management, at Denna.Arias@energynet.com.