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
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.