Marketed: Royalty Interest In Chesapeake-Operated Eagle Ford Shale Wells

Transaction Type
Marketers
Basin
Eagle Ford 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.

Caddo Minerals Inc. retained EnergyNet for the sale of Eagle Ford Shale assets in South Texas through a sealed-bid offering closing June 27.

The offer comprises royalty interest in producing horizontal Eagle Ford wells in Dimmit County, Texas, operated by Chesapeake Energy Corp.

Highlights:

  • 36.64 Producing Net Royalty Acres:
    • 0.476416% to 0.09862% Royalty Interest in 10 Producing Horizontal Eagle Ford Wells
  • Current Average 8/8ths Production: 3,315 barrels per day of Oil and 3.098 million cubic feet per day of Gas
  • Three-Month Average Net Income: $14,054 per Month
  • Operator: Chesapeake Energy Corp.

Bids are due by 4 p.m. CDT June 27. 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.