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.
Foundation Energy Fund III-A LP et al retained EnergyNet for the sale of a non-operated, WI, RI and ORRI 441-property package located in various counties in Arkansas and Oklahoma. The Lot# 103732 package includes net production of 649 MMcf/d from operators Chesapeake Energy, Merit Energy Co., MMGK Arkoma LLC and XTO Energy Inc.
Highlights:
- Non-Operated Working Interest in 291 Properties:
- Avg WI ~6.31% / Avg NRI ~4.70%Royalty/Overriding
- Royalty Interest in 150 Properties:
- Avg RI/ORRI ~1.39%
- 6-Month Average (April 2022 - September 2022):
- Net Production: 649 MCFPD
- Net Income: $91,688/Month
- Select Operators:
- Chesapeake Energy
- Merit Energy Company
- MMGK Arkoma, LLC
- XTO Energy, Inc.
Bids are due at 4:00 pm CDT on Jan. 26. For complete due diligence information on this property, please visit energynet.com or email Zachary Muroff, managing director, at zachary.muroff@energynet.com.
Recommended Reading
Macquarie Buys Up to $1.73B Stake in D.E. Shaw Renewable Investments
2024-09-24 - Macquarie Asset Management is acquiring a minority stake in D.E. Shaw Renewable Investments in an equity investment of up to $1.73 billion.
Mattr Sells Brazilian Pipe Coating Business to Vallourec for $17.5MM
2024-09-16 - Vallourec Tubular Solutions will acquire 100% of the shares of Thermotite, Mattr’s last remaining pipe coating business.
Valveworks Adds Choke Product Offerings with Lancaster Acquisition
2024-11-25 - Valveworks USA is acquiring Lancaster Flow Automation to add choke and flow-control automation technology to its product offerings.
ONEOK’s EnLink/Medallion Deal is Market-wise, Financially Astute
2024-10-11 - In addition to bolstering its multi-basin network, ONEOK pulled off a $5.9 billion transaction while leaving its credit rating intact.
Nabors Industries to Buy Parker Wellbore for $370MM
2024-10-15 - Nabors Industries Ltd. will buy Parker Wellbore for 4.8 million shares of Nabors common stock and assume an additional $100 million in debt as OFS companies continue to consolidate following a massive wave of E&P M&A since 2023.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.