Marketed: Cornerstone Energy Well Package, Bowman County, North Dakota

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.

Cornerstone Energy retained EnergyNet for the sale of a well package in North Dakota’s Bowman County through an auction closing Jan. 19. The offering includes nonoperated working interest in four wells, three producing and one saltwater disposal, plus an additional overriding royalty interest (ORRI).

Highlights:

• Non-Operated Working Interest in Four Wells:
  • 28.368794% to 25.00% Working Interest / 22.981052% to 21.5625% Net Revenue Interest
  • Includes an Additional 0.180996% ORRI in the Arithson E2 Well
  • Three Producing Wells | One Injection Well
• Six-month Average 8/8ths Production: 47 bbl/d of Oil and 16 Mcf/d of Gas
• Six-month Average Net Cash Flow: $9,333/Month
• Operator: Rim Operating Inc.

Bids are due at 1:55 p.m. CST on Jan. 19. For complete due diligence information on any of the packages visit energynet.com or email Lindsay Ballard, vice president of business development, at Lindsay.Ballard@energynet.com, or Denna Arias, vice president of corporate development, at Denna.Arias@energynet.com.