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.

Garnet Energy Capital LLC as agent retained EnergyNet for the sale of a 2-well package (non-operated WI) in Lea County, New Mexico. The Lot #105210 has a 6-month average net production of 8 BOPD and 15 MCFPD. The operators are COG Operating LLC and Permian Resources Operating LLC.

Garnet Energy map
(Source: EnergyNet)

Opportunity highlights:

  • Non-Operated WI in the Wellbores of 2 Producing Wells:
    • Baseball Cap Federal Com 603H: 4.42% WI / 3.44% NRI
    • Duck Hunt 1 State Com 401H: 1.73% WI / 1.30% NRI
  • 6-Month Average 8/8ths Production: 300 BOPD and 638 MCFPD
  • 6-Month Average Net Production: 8 BOPD and 15 MCFPD
  • 4-Month Average Net Cash Flow: $17,560/Month
  • Operators:
    • COG Operating, LLC
    • Permian Resources Operating LLC

Bids are due at 1:35 p.m. CDT on April 19. For complete due diligence information, please visit energynet.com or email Cody Felton, managing director, at Cody.Felton@energynet.com.