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 an overriding royalty interest in the J. H. Kurth Jr. B-lease wells located in Newton County, Texas. The Lot# 102382 package includes six-month average net production of 6 bbl/d and 3 MMcf/d, yielding approximately $17,717/month in average net income over six months.
Opportunity highlights:
- Overriding Royalty Interest in the J. H. Kurth Jr. -B- Lease (3 Wells):
- 0.60% ORRI
- 6-Month Average Net Income: $17,717/Month
- 6-Month Average 8/8ths Production: 977 BOPD and 541 MCFPD
- 6-Month Average Net Production: 6 BOPD and 3 MCFPD
- Operator: Foundation Energy Management, LLC
Bids are due at 2:05 p.m. CDT on Feb. 14. For complete due diligence information, please visit energynet.com or email Cody Felton, managing director, at Cody.Felton@energynet.com.
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