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.
Endeavor Energy Resources LP retained EnergyNet for the sale of a Permian Basin package in an auction closing on Aug. 11.
The offering includes operations in 20 wells in Schleicher County, Texas.
- Operations in 20 Wells (Two Leases):
- 80.00% Working Interest / 64.00% Net Revenue Interest in the Wilson -137- Lease
- 80.00% Working Interest / 61.60% Net Revenue Interest in the Wade Lease
- Six-Month Average 8/8ths Production: 39 bbl/d of Oil
- Five-Month Average Net Income: $14,319/Month
- Operator Bond Required
Bids are due by 1:55 p.m. CDT on Aug. 11. For complete due diligence information on any of the packages visit energynet.com or email Lindsay Ballard, vice president of business development, at Lindsay.Ballard@energynet.com, or Denna Arias, vice president of corporate development, at Denna.Arias@energynet.com.
Whiting Petroleum, and Hess Corp. espoused optimism about the Bakken, while others talked about the reinvented San Juan. Meanwhile, Extraction Oil & Gas is ready to deal with SB-181.
Mezzanine financing usually remains a reliable standby when the broader capital markets are swinging shut.
With deal volume down, investors sidelined and volatility all about, getting deals across the finish line is getting harder and harder.