Marketed: XTO Energy Delaware Basin HBP Acreage, Production

Transaction Type
Sellers
Marketers
Basin
Permian/Delaware Basin
Announce Date
Post Date
Close Date
Room Opening Date
Estimated Price
0MM
Description

The following information is provided by Oil & Gas Asset Clearinghouse LLC. All inquiries on the following listings should be directed to Clearinghouse. Hart Energy is not a brokerage firm and does not endorse or facilitate any transactions.

XTO Energy Inc. retained Oil & Gas Asset Clearinghouse LLC for the sale of Delaware Basin HPB acreage with current production in Ward County, Texas, in an offering closing Sept. 19.

Highlights:

  • Delaware Basin HBP acreage
  • 5,219 total gross (about 4,099 net) acres HBP with attractive lease net revenue interest (83.3%-87.5%)
  • Significant Wolfcamp and Bone Spring drilling inventory
  • Two nonoperated proved developed producing wells
  • Current net cash flow of $125,000 per month (last three months average)

The data room is open. The transaction will have an Oct. 1 effective date.

For information visit ogclearinghouse.com or contact Thomas Edwards, business development executive with Clearinghouse, at tedwards@ogclearinghouse.com or 626-437-2869.

Related Content