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.

Diversified Minerals Co. LLC has retained EnergyNet for the sale of a five-well and 12-DUC package located in Arapahoe and Weld counties, Colo. The Lot#104669 package includes producing and non-producing minerals (103.12 NMA) spanning approximately 103 net mineral acres.

Opportunity highlights:

  • Royalty Interest in 5 Currently Producing Wells:
    • Avg RI ~0.9%
    • Operator: Civitas Resources Inc.
    • Production Primarily from Niobrara Formation
  • 12 Wells Currently Drilled and Expected to be Completed Soon:
    • Wells Drilled in 2022
    • Operator: PDC Energy Inc.
    • Drilled to Niobrara Formation
  • 6-Month Average:
    • Gross Production of 1,686 BOPD and 2,023 MCFPD
    • Net Production of 12 BOPD and 15 MCFPD
    • Net Revenue of $35,897/Month
    • DUC Wells Expected to Increase Cash Flow Substantially
  • ~103 Net Mineral Acres:
    • 19 Additional Wells Permitted Further Subject to Documentary Stamp Fees
  • Further Subject to Documentary Stamp Fees
1040669

Bids are due at 4:00 p.m. CST on March 16. For complete due diligence information, please visit energynet.com or email Cody Felton, managing director, at Cody.Felton@energynet.com.