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 operated working interest in North Dakota wells plus leasehold acreage located in the Spyglass area in Divide County.
Highlights:
- Operated Working Interest in Seven Wells:
- Average ~99.72% Working Interest / Average ~77.99% Net Revenue Interest (before payout)
- Six-month Average 8/8ths Production: 50 bbl/d of oil
- Six-month Average Net Cash Flow: $63,930/Month
- ~1,113.00 Net HBP Leasehold Acres
- Operator Bond Required
Sealed bids are due at 4 p.m. CDT on May 26. For complete due diligence information visit energynet.com or email Ethan House, vice president of business development, at Ethan.House@energynet.com, or Emily McGinley, director of business development, at Emily.McGinley@energynet.com.
Recommended Reading
PHX Minerals’ Borrowing Base Reaffirmed
2024-04-19 - PHX Minerals said the company’s credit facility was extended through Sept. 1, 2028.
SLB’s ChampionX Acquisition Key to Production Recovery Market
2024-04-19 - During a quarterly earnings call, SLB CEO Olivier Le Peuch highlighted the production recovery market as a key part of the company’s growth strategy.
BP Restructures, Reduces Executive Team to 10
2024-04-18 - BP said the organizational changes will reduce duplication and reporting line complexity.
Matador Resources Announces Quarterly Cash Dividend
2024-04-18 - Matador Resources’ dividend is payable on June 7 to shareholders of record by May 17.
EQT Declares Quarterly Dividend
2024-04-18 - EQT Corp.’s dividend is payable June 1 to shareholders of record by May 8.