NFR Energy LLC

NFR Energy LLC has retained The Oil & Gas Asset Clearinghouse to sell certain nonoperated assets in the Utah Uintah Basin.

The package includes 1,360 gross acres (797 net) in Uintah County that feature 32 producing wells. Average working interest is 58.5% (46.8% net revenue interest). The wells target multiple producing formations.

Net production is 6.2 million cubic feet of gas equivalent per day. Average net cash flow is $489,000 per month.

The assets are fully developed on 40 acres with the exception of one proved undeveloped location. Upside includes down-spacing potential to 10 acres.

The bid due date is Nov. 1. The effective date is Nov. 1. Contact Pat Dapra, 832-601-7655, pdapra@ogclearinghouse.com.