Marketed: Permian Basin Operations, Mitchell County, Texas

Transaction Type
Sellers
Marketers
Basin
Permian Basin
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.

TRE Investments LLC retained EnergyNet for the sale of Permian Basin operations in West Texas through an auction closing Aug. 28.

The offering includes 100% operated working interest in a 38-well package located in Mitchell County, Texas.

Highlights:

  • Operating Working Interest in 38 Wells:
    • 100.00% Working Interest / 82.80% to 54.439% Net Revenue Interest
    • 32 Producing Wells | Three Active Injection Wells | Three Non-Producing Wells
  • Six-Month Average 8/8ths Production: 19 barrels per day (bbl/d) of Oil
    • 2018 Average 8/8th Production: 28 bbl/d of Oil (provided by Seller)
  • Operator: Tom Rasmussen

Bids are due by 1:35 p.m. CDT Aug. 28. For complete due diligence information energynet.com or email Cody Felton, vice president of business development, at Cody.Felton@energynet.com, or Lindsay Ballard, vice president of business development, at Lindsay.Ballard@energynet.com or Denna Arias, director of transaction management, at Denna.Arias@energynet.com.

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