Marketed: EnerVest Utica Shale Nonop, ORRI Assets

Transaction Type
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Appalachian Basin; Utica Shale
Announce Date
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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.

EnergyNet Indigo has been selected as the exclusive adviser to market EnerVest Energy Institutional Fund IX LP’s nonoperated working interest and overriding royalty interest (ORRI) within the Utica shale play in Ohio and Pennsylvania. The offering includes 146,053.27 net leasehold acres (99% HBP) averaging 347,006 Mcf/d of gas and 7,984 bbl/d of oil production.

Bids are due on Oct. 7. The transaction is expected to have an Aug. 1 effective date and close by Oct. 28.

A virtual data room is available. For complete due diligence information visit indigo.energynet.com or email Cody Felton, vice president of business development, at Cody.Felton@energynet.com, or Denna Arias, vice president of corporate development, at Denna.Arias@energynet.com.

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