The following information is provided by EnergyNet and Indigo Energy Advisors. 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.

Garnet Energy Williston Basin Non-Producing Opportunity

Garnet Energy Capital LLC has retained EnergyNet for the sale of a Williston Basin non-producing leasehold interest in Dunn County, North Dakota. (Lot# 126424).

Garnet image
(Source: EnergyNet)

Opportunity Highlights:

This is an EnergyNet sealed bid property. Bids are due May 14 at 4 p.m. CDT. For complete due diligence information on this property, please visit energynet.com or email Cody Felton, managing director, at Cody.Felton@energynet.com. 

Incline Energy Bakken Opportunity in 5 Hz Wells

Incline Energy Inc. has retained EnergyNet for the sale of Bakken Shale opportunity in 5 Hz wells in Williams County, North Dakota. (Lot# 126586).

Incline image
(Source: EnergyNet)

Opportunity Highlights:

  • WI participation option in 5 Hz wells:
    • 32.00 net acres;
    • ~1.25% WI / ~1.03% NRI;
    • Projected formation: Middle Bakken; and
    • Participation cost: $633,249.35
  • Election is Due May 21, 2025
  • Operator: Phoenix Operating Co.
  • Offset Activity:
    • 4 DUCS
    • 11 permitted
  • Select offset operators:

This is an AFE sealed bid property on EnergyNet.com. Bids are due May 14 at 4 p.m. CDT. For complete due diligence information on this property, please visit energynet.com or email Zachary Muroff, managing director, at Zachary.Muroff@energynet.com.

AMP IV 45-Well Package in Appalachian Basin

AMP IV LP has retained Indigo Energy Advisors and EnergyNet for the sale of a 45-well package in Appalachian Basin in Jarrison, Jefferson and Monroe counties, Ohio and Harrison and Marion counties, West Virginia. (Lot# 126081).

AMP Image
(Source: EnergyNet)

Opportunity Highlights:

    • Royalty interest in 45 active horizontal wells;
    • Average RI: 1.03%;
    • 1,109.38 NRA; and
    • Most recent two months average cash flow: $221,000/month.
    • Current avg. net production: 4.2MMcf/d
  • Stable base production and cash flow
    • Acreage underlies leading operators including: EQT, Ascent Resources, Expand Energy and Encino; and
    • Diversified mineral position with disperse footprint and relatively even exposure among five operators.
  • Asymmetric upside exposure
    • 8 well-delineated PUD locations with compelling economics at current gas prices; and
    • Operators have successfully drilled robust wells in both primary and secondary intervals, confirming the stacked play.

This is an Indigo Energy Advisors sealed bid property. Bids are due May 20 at 4 p.m. CDT. For complete due diligence information on this property, please visit efficientmarkets.com/IndigoEnergy or email Cody Felton, managing director, at Cody.Felton@energynet.com.

Crusader Royalties 262-Well Package in Louisiana, New Mexico, Texas

Crusader Royalties LLC has retained EnergyNet and Indigo Energy Advisors for the sale of a 262-well package in various counties in Louisiana, New Mexico and Texas. (Lot# 125873).

Crusader image
(Source: EnergyNet)

Opportunity Highlights:

  • Diversified asset portfolio
    • ~ 1,340.59 NRA (normalized to 1/8th) actively being drilled and permitted across the Permian Basin, Haynesville and Eagle Ford;
    • Rare opportunity to acquire minerals and royalty acreage within multiple premier oil and gas basins;
    • Diversified production mix, enabling durable cash flows within varying price environments;
    • Acreage actively being developed with 28 completed, 18 DUCs and 13 permits as of April 2025 across all asset plays; and
    • Greater than 20 years of modeled remaining inventory at conservative spacing assumptions.
  • Permian Basin mineral and royalty position
    • Unique combination of ~ 873.95 mineral, overriding royalty, and royalty acreage in the Delaware, Midland and Central Basin Platform within the prolific Permian Basin;
      • ~ 291.89 NRA in the Delaware Basin;
      • ~ 571.03 NRA in the Midland Basin; and
      • ~ 11.02 NRA in the Central Basin Platform.
    • Acreage actively being drilled and permitted with 17 completed, 12 DUCs and 12 permits as of April.
  • Haynesville mineral and royalty position
    • ~ 369.19 mineral, overriding royalty, and royalty acreage in active areas within the Texas Western Haynesville and Louisiana Haynesville;
      • ~ 353.22 NRA in the Western Haynesville in Leon and Robertson counties
      • ~ 15.97 NRA in the Louisiana Haynesville in DeSoto and Caddo parishes; and
    • Acreage actively being drilled and permitted with 6 DUCs and 1 permit as of April.
  • Eagle Ford mineral and non-participating royalty position
    • ~ 97.45 mineral and non-participating royalty interest acreage underneath EOG in the core Eagle Ford in Karnes and Wilson counties
    • Recent EOG infill development program with 11 wells completed as of April
    • Additional refrac potential upside within currently producing wellbores, not modeled

This is an Indigo Energy Advisors sealed bid property. Bids are due May 22 at 4 p.m. CDT. For complete due diligence information on this property, please visit energynet.com or email Zachary Muroff, managing director, at Zachary.Muroff@energynet.com or Krystin Gilbert, buyer relations manager, Krystin.Gilbert@energynet.com.

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