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.
Maverick Natural Resources LLC retained EnergyNet for Turner Gregory Unit and Ellett A-6 (Operations and ORRI) plus 3,292.09 Net HBP leasehold Acres in Mitchell County, Texas. The Permian Basin opportunity, Lot# 103732, includes a 6-month average net income of $192,502/Month.
Opportunity highlights:
- Operations in 142 Wells:
- 97.8539% WI / 80.99567% NRI in the Turner Gregory Unit (141 Wells)
- 100.00% WI / 77.91875% NRI in the Ellett A-6 Well
- 6-Month Average Net Income: $192,502/Month
- 6-Month Average 8/8ths Production: 148 BOPD
- 6-Month Average Net Production: 115 BOPD
- 3,292.09 Net HBP Leasehold Acres
Bids are due at 4:00 p.m. CDT on April 20. For complete due diligence information, please visit energynet.com or email Cody Felton, managing director, at Cody.Felton@energynet.com.
Recommended Reading
CEO: Continental Adds Midland Basin Acreage, Explores Woodford, Barnett
2024-04-11 - Continental Resources is adding leases in Midland and Ector counties, Texas, as the private E&P hunts for drilling locations to explore. Continental is also testing deeper Barnett and Woodford intervals across its Permian footprint, CEO Doug Lawler said in an exclusive interview.
Petrobras to Step Up Exploration with $7.5B in Capex, CEO Says
2024-03-26 - Petrobras CEO Jean Paul Prates said the company is considering exploration opportunities from the Equatorial margin of South America to West Africa.
Vår Energi Hits Oil with Ringhorne North
2024-04-17 - Vår Energi’s North Sea discovery de-risks drilling prospects in the area and could be tied back to Balder area infrastructure.
For Sale, Again: Oily Northern Midland’s HighPeak Energy
2024-03-08 - The E&P is looking to hitch a ride on heated, renewed Permian Basin M&A.
CNOOC Finds Light Crude at Kaiping South Field
2024-03-07 - The deepwater Kaiping South Field in the South China Sea holds at least 100 MMtons of oil equivalent.