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.

Michael A. Fitzgibbons ("The trustee"), trustee of the Fitzgibbons Family Trust, is offering for sale an 8 well package, with producing MI and RI in Grady County, Oklahoma. Lot# 105847 includes a 9-month average net income of $11,889/month, a 6-month average 8/8ths production of 1,795 barrels of oil per day (bbl/d) and 53,811 metric cubic feet of gas per day (mcf/d). It also includes a 6-month average net production of 2 bbl/d and 50 mcf/d. The trustee has retained EnergyNet as its exclusive advisor relating to the transaction. 

8 well package fitzgibbons
(Source: EnergyNet)

Asset Highlights:

  • Producing MI/RI in 8 Wells:
    • 0.665838% to 0.090739% RI
  • 9-Month Average Net Income: $11,889/Month
  • 6-Month Average 8/8ths Production: 1,795 BOPD and 53,811 MCFPD
  • 6-Month Average Net Production: 2 BOPD and 50 MCFPD
  • Operators: Gulf Exploration LLC and Marathon Oil Company

Bids for Lot# 105847 are due on May 30 at 2:30 p.m. CDT. For complete due diligence information on this property, please visit http://www.energynet.com or
email Cody Felton, Managing Director, at Cody.Felton@energynet.com.