The following information is provided by EN Indigo. All inquiries on the following listings should be directed to EN Indigo. Hart Energy is not a brokerage firm and does not endorse or facilitate any transactions.

Maverick ORRI, LP (Maverick) is offering for sale overriding royalty interests (“ORRI”) in Atascosa, Dimmit, and Karnes Counties, Texas. Lot# 106170 includes 389 active wells with 2.58% average wellbore NRI, 642 boe/d LTM average net production, an estimated LTM cash flow of $1.2 million per month, 37,402 gross acres, more than 600 undeveloped locations remaining, and a projected NTM cash flow of $13.2 million. Maverick retained EN Indigo as the exclusive advisor for this transaction.

EnergyNet Lot 106170
(Source: EN Indigo)

Asset Highlights:

  • 389 active wells with 2.58% average wellbore NRI
  • 642 boe/d LTM average net production (79% liquids)
  • Leading operators such as EOG, Marathon, ConocoPhillips and Devon
  • $1.2MM / mo. LTM average cash flow
  • More than 600 undeveloped locations remaining
  • 37,402 gross acres 100% HBP
  • $13.2MM projected NTM cash flow (1)
  • Certain ORRI assets feature WI conversion option with compelling economics

Bids for Lot# 106170 are due on June 29 at 4:00 p.m. CDT. For complete due diligence information on this property, please visit http://www.energynet.com or email Zachary Muroff, Managing Director, at Zachary.Muroff@energynet.com or Reilly Bilton, Director of Engineering at EnergyNet Indigo, at Reilly.Bilton@energynet.com.