Marketed: Sandstone Energy Group East Texas Liberty County Property

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.

Sandstone Energy Group Inc. retained EnergyNet for the sale of an operated East Texas property through an auction closing June 26.

The offer is comprised of operations in Sandstone's J. A. Dunagan #1 unit plus HBP leasehold acreage located in Liberty County, Texas.

Highlights:

  • 50.00% Working Interest / 37.25% Net Revenue Interest in the Producing J. A. Dunagan #1 Well
  • Three-Month Average 8/8ths Production: 105 barrels per day of Oil and 558,000 cubic feet per day of Gas
  • Three-Month Average Net Cash Flow: $84,143 per Month
  • 40.00 Net HBP Leasehold Acres

Bids are due by 1:35 p.m. CDT June 26. For complete due diligence information energynet.com or email Cody Felton, vice president of business development, at Cody.Felton@energynet.com, or Denna Arias, director of transaction management, at Denna.Arias@energynet.com.

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