Marketed: VistaTex Energy Nonop South Texas Properties
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.
VistaTex Energy LLC retained EnergyNet for the sale of nonop assets in South Texas through an auction closing April 24.
The offer, comprised of two, separate properties, includes nonoperated working interest in 38 wells in Duval and Webb counties, Texas.
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.
Property 56708
EnergyNet has been retained by VistaTex Energy to offer for sale their 35 Well Package (Nonoperated Working Interest) located in Webb County, Texas.
Highlights:
- 50.00% Working Interest / 37.50% Net Revenue Interest in 35 Wells:
- 24 Producing Wells | 11 Non-Producing Wells
- Six-Month Average Net Income: $37,707 per Month
- Six-Month Average 8/8ths Production: 2.419 million cubic feet per day of Gas and 12 barrels per day (bbl/d) of Oil
- Operator: Smith Production Inc.
Bids are due by 2:15 p.m. CDT April 24.
Property 56709
EnergyNet has been retained by VisTatex Energy LLC to offer for sale their 3 Well Package (Non-Operated WI) located in Duval County, Texas.
Highlights:
- 20.00% Working Interest / 14.60% Net Revenue Interest in the Producing Sling 2 Well
- 28.55322% Working Interest / 20.84385% Net Revenue Interest in the Producing Sling 5 Well
- 20.00% Working Interest / 14.60% Net Revenue Interest in the Non-Producing Sling 3 Well
- 11-Month Average Net Income: $10,583 per Month
- Six-Month Average 8/8ths Production: 531,000 cubic feet per day of Gas and 17 bbl/d of Oil
- Operator: Dallas Petroleum Group LLC
Bids are due by 2:20 p.m. CDT April 24.