Marketed: Operated East Texas Assets Across Polk And Tyler Counties

Transaction Type
Sellers
Marketers
Basin
East Texas
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.

Danmark Jacks Creek LP retained EnergyNet for the sale of operated East Texas assets across Polk and Tyler counties through an auction.

The offer comprises 100% gross working interest with operations in a six-well package including two saltwater disposal wells plus over 1,000 leasehold acres.

Highlights:

  • 100.00% Working Interest / 89.5833% to 75.9928% Net Revenue Interest in Eight Wells:
    • Four Producing Wells | One Active Saltwater Disposal | One Spare Saltwater Disposal | Two Shut-In Wells
  • Six-Month Average 8/8ths Production: 75 barrels per day of Oil and 356,000 cubic feet per day of Gas
  • 12-Month Average Net Income: $145,608 per Month
  • 1,360.00 Gross/Net Leasehold Acres
    • 1,120.00-Acre Non-Royalty Bearing Exxon Mineral Fee Lease

Bids are due by 1:30 p.m. CST April 17. 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.