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.
DRII LLC retained EnergyNet for the sale of a 642 well package across various counties and parishes in Louisiana, Oklahoma, Texas and Wyoming. The Lot # 115861 package includes a 12- month average net income of $60,536 per month.
Opportunity highlights:
- Non-Operated Working Interest in 642 Wells (Wellbore Only):
- Avg WI ~2.35% / Avg NRI ~1.87% (BPO)
- 47 Wells are APO Only
- 12-Month Average Net Income: $60,536/Month
- Current Average 8/8ths Production: 146,600 cf/d and 2,037 bbl/d
- Current Average Net Production: 1,192 cf/d and 26 bbl/d
- Select Operators:
- Continental Resources Inc.
- Hilcorp Energy Company
- Mach Natural Resources
- Trinity Operating USG LLC
- Unbridled Resources, LLC
- Further Subject to Oklahoma State Sales Tax
Bids are due April 3 at 1:30 p.m. CDT. For complete due diligence, please visit energynet.com or email Emily McGinley, managing director, at Emily.McGinley@energynet.com or Jessica Scott, buyer relations, at Jessica.Scott@energynet.com.
Recommended Reading
ConocoPhillips EVP of Strategy, Sustainability, Technology Macklon to Retire
2024-02-16 - Dominic Macklon, who began his career with Conoco in 1991, is set to retire ConocoPhillips May 1.
BP Restructures, Reduces Executive Team to 10
2024-04-18 - BP said the organizational changes will reduce duplication and reporting line complexity.
Duke Energy Appoints Harry Sideris to President
2024-03-15 - Steve Young, executive vice president and chief commercial officer, will retire from Duke Energy on June 30.
APA Shuffles Leadership Following Callon Acquisition
2024-04-09 - APA CEO John J. Christmann said the changes will structure leadership to better align with the company’s “evolving” business needs.
TC Energy Appoints Sean O’Donnell as Executive VP, CFO
2024-04-03 - Prior to joining TC Energy, O’Donnell worked with Quantum Capital Group for 13 years as an operating partner and served on the firm’s investment committee.