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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.
- 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.
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