Marketed: Clearly Petroleum Bakken Shale Nonop Package

Transaction Type
Sellers
Marketers
Basin
Williston Basin; Bakken Shale
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.

Clearly Petroleum OPCO LLC retained EnergyNet for the sale of a Bakken Shale well package in North Dakota through an auction closing Sept. 4.

The offering comprises nonoperated working interest and leasehold acreage located in Burke, Mountrail and Williams counties, N.D.

Highlights:

  • 17.557252% to 0.085938% Working Interest / 14.489726% to 0.06875% Net Revenue Interest in 23 Producing Wells:
    • Five Wells are After Payout Only
  • Six-Month Average 8/8ths Production: 868 barrels per day of Oil and 1.678 million cubic feet per day of Gas
  • Six-Month Average Net Cash Flow: $12,280 per Month
  • Operators include EOG Resources Inc., Equinor ASA, Oasis Petroleum North America LLC, Petro-Hunt LLC and XTO Energy Inc.
  • 890.2105 Net Leasehold Acres

Clearly Petroleum OPCO LLC is an affiliate of Clearly Petroleum LLC, an independent oil and gas company based in Houston.

Bids are due by 1:30 p.m. Sept. 4. For complete due diligence information energynet.com or email Cody Felton, vice president of business development, at Cody.Felton@energynet.com, or Denna Arias, director of transaction management, at Denna.Arias@energynet.com.

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