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.
Kaiser-Francis Oil Co. retained EnergyNet for the sale of nonoperated working interest in a 483 property package plus net leasehold acreage in multiple Oklahoma counties through an auction closing March 24.
Highlights:
- Nonoperated Working Interest in 483 Properties:
- 67.2765% to 0.0015% Working Interest / 49.27284% to 0.00122% Net Revenue Interest (Before Payout)
- 290 Producing Properties | 192 Non-Producing Properties | 1 Shut-In Property
- Select Operators include Chesapeake Operating LLC, Presidio Petroleum LLC, Sanguine Gas Exploration LLC and Unit Petroleum Co.
- 6-Month Average 8/8ths Production: 23,659 Mcf/d of Gas and 697 bbl/d of Oil
- 3-Month Average Net Cash Flow: $30,224/Month
- ~1,215.00 Net Leasehold Acres
- Further Subject to Oklahoma State Sales Tax
Bids are due 1:30 p.m. CST March 24. For complete due diligence information on either package visit energynet.com or email Ethan House, vice president of business development, at Ethan.House@energynet.com, or Denna Arias, vice president of corporate development, at Denna.Arias@energynet.com.
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