Marketed: MEP Oklahoma Leasehold, Dewey And Ellis Counties

Transaction Type
Sellers
Marketers
Basin
Midcontinent
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.

MEP Oklahoma LLC retained EnergyNet for the sale of Oklahoma leasehold through a sealed-bid offering closing Sept. 25.

MEP Oklahoma is a Stack operating company of Millennial Energy Partners. The offering comprises non-producing and HBP leasehold in Dewey and Ellis counties, Okla.

Highlights:

  • About 51,200 Gross (7,128.39 Net) Leasehold Acres
    • 100% of Oil and Gas Leases (Delivering Average 80.32% Net Revenue Interest)
    • 12.070256 Net HBP Leasehold Acres
    • 452.700196 Net Leasehold Acres with Option to Extend
  • One Active Offset Rig
  • 97 Active Offset Permits
    • 56 Active | 17 Completed | Seven Drilled/Drilling | 17 Permitted
  • 985 Active Offset Producers (373 Horizontal Producing Wells)
  • Select Area Operators include Devon Energy Production Co. LP, Fourpoint Energy LLC, Tapstone Energy LLC and Unit Petroleum Co.

Bids are due by 4 p.m. CDT Sept. 25. For complete due diligence information energynet.com or email Heidi Epstein, manager of business development, at Heidi.Epstein@energynet.com, or Denna Arias, director of transaction management, at Denna.Arias@energynet.com.

Related Content