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.
CrossRoads Horizon LLC and Paladin Oil LLC retained EnergyNet for the sale of a non-operated working interest in the J. H. Kurth Jr. B-lease wells located in Newton County, Texas. The Lot# 102381 includes six-month average net production of 4 bbl/d and 542 MMcf/d operated by Foundation Energy Management LLC.
- Non-Operated Working Interest in the J. H. Kurth Jr. -B- Lease (3 Wells):
- 0.50% WI / 0.36% NRI
- 6-Month Average Net Income: $9,985/Month
- 6-Month Average 8/8ths Production: 977 BOPD and 541 MCFPD
- 6-Month Average Net Production: 4 BOPD and 2 MCFPD
- Operator: Foundation Energy Management, LLC
Bids are due at 2:05 p.m. CDT on Feb. 15. For complete due diligence information, please visit energynet.com or email Cody Felton, managing director, at Cody.Felton@energynet.com.
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