Marketed: Fayetteville Shale Royalties, ORRI Package

Transaction Type
Marketers
Basin
Midcontinent; Fayetteville 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.

Cascade Acquisition Partners LP retained EnergyNet for the sale of a Fayetteville Shale well package in Arkansas through an auction closing Sept. 5.

The offering comprises royalty interest and overriding royalty interest (ORRI) in over 1,000 wells located in Columbia, Conway, Faulkner, Franklin, Pope, Union, Van Buren and White counties, Ark.

Highlights:

  • Various Royalty and Overriding Royalty Interests in 1,196 Wells
    • 1,049 Producing | 87 Non-Producing | 49 Temporarily Abandoned
    • Nine Plugged and Abandoned | Two Dry Holes
  • Six-Month Average 8/8ths Production: 293.188 million cubic feet per day of Gas and 649 barrels per day of Oil
  • Six-Month Average Net Income: $8,143 per Month
  • Select Operators include Exxon Mobil Corp., Flywheel Energy Production LLC, Merit Energy Co. and Mission Creek Opco LLC

Bids are due by 3 p.m. CDT Sept. 5. 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.