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 retained EnergyNet for the sale of a Utica Shale opportunity through a sealed-bid offering closing Jan. 20. The offering includes nonoperated working interest in four permitted wells plus leasehold acreage in Carroll County, Ohio. Encino Energy is the operator.


  • Nonoperated Working Interest in Four Permitted Wells:
    • 7.87% Working Interest / 5.90% Net Revenue Interest
    • ~14,000-ft Wells drilled into the unit at 800-ft Spacing
  • First Well to be Spud Jan. 29
  • First Production Estimated in June 2022
  • Estimated Gross Capital of $8.8M/Well
  • Attractive Returns at ~60% IRR/2.9x ROI
  • 88.666567 Net Leasehold Acres
  • Operator: Encino Energy
EnergyNet Marketed Map - Garnet Energy Capital Utica Shale Package

Bids are due at 2 p.m. CST on Jan. 20. For complete due diligence information on any of the packages visit or email Cody Felton, vice president of business development, at, or Denna Arias, vice president of corporate development, at