Marketed: Permian Basin Minerals, Howard County, Texas

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.

JATEX Oil & Gas Exploration LP retained EnergyNet for the sale of non-producing leased minerals (61.975 NMA) located within the Permian Basin in Howard County, Texas, through an auction.

Highlights:

• 537.40 Gross / 61.975 Net Non-Producing Minerals (Subject to Lease)
  • 123.97 Net Royalty Acres
  • Oil and Gas Lease has Three-Year Term, Expiring March 29, 2021 | 25.00% Lease Royalty
• 25 Offset Permits
  • 11 Active | One Completed | Five Drilled | Eight Permitted
• 38 Active Offset Producers
• Area Operators include Apache Corp., EnCana Oil & Gas (USA) Inc., Grenadier Energy Partners II LLC, P4 Operating LLC and SM Energy Co.

Bids are due by 2:55 p.m. CST April 9. For complete due diligence information energynet.com or email Lindsay Ballard, vice president of business development, at Lindsay.Ballard@energynet.com, or Denna Arias, director of transaction management, at Denna.Arias@energynet.com.