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.
EOG Resources Inc. retained EnergyNet for the sale of certain oil and gas properties and related assets located in the Wolfcamp Shale in West Texas through a sealed-bid offering.
The offering includes 100% working interest with operations in the Cheyenne Draw 19 #1H well plus HBP leasehold acreage in Loving County, Texas.
Highlights:
- 100.00% Working Interest / 75.00% Net Revenue Interest in the Producing Cheyenne Draw 19 #1H Well
- 640.00 Gross/Net HBP Leasehold Acres
- Six-month Average Net Cash Flow: $12,139/Month
- Six-month Average 8/8ths Production: 14 bbl/d of oil
- Six-month Average Net Production: 11 bbl/d of oil
- Operator Bond Required
EnergyNet has been retained by EOG as the exclusive adviser to assist with this transaction. Bids are due at 4 p.m. CDT on June 23.
For complete due diligence information visit energynet.com or email Lindsay Ballard, managing director of business development, at Lindsay.Ballard@energynet.com.
Recommended Reading
Leaks in Nord Stream Pipelines Very Serious, Highly Suspicious: Western Official
2022-09-28 - "It definitely looks highly suspicious, but I think we need to establish the facts and then attribute," an anonymous western official said of Russia's potential involvement in the recent Nord Stream pipeline leaks.
Winter Diesel Shock Looms as Tanks Dry Up Ahead of Sanctions
2022-08-12 - The European diesel market went into shock after Russia's invasion of Ukraine in February.
Norway to Deploy Military to Protect its Oil and Gas Installations
2022-09-28 - "The military will be more visible at Norwegian oil and gas installations," Prime Minister Jonas Gahr Stoere said, adding that attacks would be "handled jointly with our [NATO] allies."
Coal-Producing Australian State to Slash Reliance on Fossil Fuels
2022-09-28 - Queensland unveils $40 billion plan to convert coal-fired power plants to renewable hubs.
Exxon Temporarily Limits French Oil Product Supply to Customers
2022-09-28 - "We have temporarily put limitations in place for customers in accordance with the terms of our supply contracts. We have a supply response team in place to supply product from unaffected sources," an Exxon Mobil spokesperson said in response to the recent wage strikes in France.