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.

California Resources Corp. retained EnergyNet for the sale of a San Joaquin Basin conventional oil and gas asset through a sealed-bid offering closing Jan. 12. The offering includes Buttonwillow Deep minerals for lease and leasehold acreage plus surface acreage in California’s Kern County.

Highlights:

  • 3,210.00 Net Fee Minerals for Lease
  • 1,075.977 Net Leasehold Acres:
    • 100% of Oil and Gas Leases
    • Acreage Expires January 2022 thru June 2026
  • 10.00 Surface Acres
    • The land is available for a potential surface use/drill site agreement
  • 8,214 Active Offset Producers
  • Select area operators include Aera Energy LLC, Berry Petroleum Co. LLC, California Resources Production Corp., Chevron U.S.A. Inc. and Seneca Resources Corp.
EnergyNet Marketed Map - California Resources San Joaquin Basin Conventional Opportunity

Bids are due by 4 p.m. CST on Jan. 12. For complete due diligence information on any of the packages visit energynet.com or email Denna Arias, vice president of corporate development, at Denna.Arias@energynet.com.

Onshore