On the Market This Week (June 2, 2025)

The following information is provided by EnergyNet, Indigo Energy Advisors and Eagle River Energy Advisors. All inquiries on the following listings should be directed to EnergyNet and Indigo Energy Advisors. Hart Energy is not a brokerage firm and does not endorse or facilitate any transactions.

Neches Transport Austin Chalk Opportunity

Neches Transport Inc. has retained EnergyNet for the sale of an Austin Chalk opportunity in Jasper County, Texas. Lot #126669.

Opportunity highlights:

• Operations in the Tostada 1H wellbore:
  • 100.00% / 75.00% NRI
• Six-month average 8/8ths production: 7 bbl/d and 139,000 cf/d
• Five-month average net income: $12,717/month

Operator bond required.
This is a sealed bid property on EnergyNet.com. Bids are due June 11 at 4:00 p.m. CDT. For complete due diligence information on this property, please visit http://www.energynet.com or email Cody Felton, managing director, at Cody.Felton@energynet.com or William Tucker, business development manager, William.Tucker@energynet.com.

Platform Energy 6-Well Package in Texas

Platform Energy LLC IV has retained EnergyNet for the sale of a six-well package in Terry County, Texas. Lot #128515.

Opportunity highlights:

• Operated working interest in 6 producing wells:
  • Avg. ~95.01% WI / Avg. ~74.16% NRI
• 100% GWI w/operations in 5-SWD & injection wells
• Six-month average net income: $127,196/month
• Current average production:
  • 8/8ths Production: 180 BOPD and 11 MCFPD
  • Net Production: 128 BOPD and 8 MCFPD
• Additional development potential within leasehold:
  • 7 proved undeveloped locations
• Operator: Sierra Lima Oil & Gas LLC

Operator bond required.

This is a sealed bid property on EnergyNet.com. Bids are due June 25 at 4:00 p.m. CDT. For complete due diligence information on this property, please visit http://www.energynet.com or email Zachary Muroff, managing director, at Zachary.Muroff@energynet.com.

Ovintiv Offshore Louisiana Opportunity

Ovintiv USA Inc. has retained EnergyNet and Indigo Energy Advisors for the sale of an offshore opportunity in Gladden Field in Louisiana. Lot #125871.

Opportunity highlights:

• 11.50% ORRI in active well and 5.75% ORRI in future correlative wells within existing 5,780-acre block
• L6M average net income: $238k/month
• L6M average net production: 116 bbl/d, 78,000 cf/d, 11 bnglpd
• 451 Mboe PDP reserves (84% oil)
• $2.5MM NTM net free cash flow
• PDP PV-0: $25.1 million | PDP PV-10: $13.7 million
• Operator: W&T Offshore Inc.

This is an Indigo Energy Advisors sealed bid property. Bids are due June 26 at 4:00 p.m. CDT. For complete due diligence information on this property, please visit efficient markets.com/indigoenergy or email Ethan House, managing director, at Ethan.House@energynet.com, Cody Felton, managing director, Cody.Felton@energynet.com or Jessica Scott, buyer relations manager, Jessica.Scott@energynet.com. 

White Rock Interests in North Dakota, Montana

White Rock Energy LLC has retained Eagle Energy Advisors for the sale of operated and non-operated working interest assets in North Dakota and Montana.

Opportunity highlights:

• Approximately 7,585 net acres of largely held-by-production leasehold, encompassing both operated and non-operated positions;
•  The assets deliver a stable, oil-weighted production base of approximately 63 net BOEPD from 5 operated PDP wells and 27 non-operated PDP wells;
• Notably, the opportunity includes substantial development upside, with approximately 76 proven undeveloped locations targeting the Middle Bakken formation; and
• Recent offset well performance supports a compelling three-mile Middle Bakken type curve of 904 MBOE (79% oil), yielding attractive drilling economics with an estimated 63% internal rate of return and 3x return on investment. 

Bids are June 26. For more information visit:  https://www.eagleriverenergyadvisors.com/