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.

Mitchell Ehrlich Oil & Gas LLC retained EnergyNet for the sale of a five-well package in Grady County, Oklahoma, through an auction closing Jan. 11, 2023. The Lot# 103616 package includes 9.06 net HBP leasehold acres with a non-operated working interest in five producing Hz wells.

Highlights:

  • Non-Operated Working Interest in Five Producing Hz Wells:
    • Avg WI ~0.750642% / Avg NRI ~0.5409% (Gas) and ~0.55569% (Oil) - BPO
    • Avg WI ~0.747062% / Avg NRI ~0.53493% (Gas) and ~0.54927% (Oil) - APO
    • Operator: Marathon Oil Co.
  • Four-Month Average Net Income: $103,721/Month
  • Current Average 8/8ths Production: 41,807 MCFPD and 1,201 BOPD
  • Current Average Net Production: 227 MCFPD and 7 BOPD
  • 9.06 Net HBP Leasehold Acres
Mitchell Ehrlich Oil and Gas

Bids are due at 1:50 p.m. CDT on Jan. 11, 2023. For complete due diligence information, please visit energynet.com or email Ethan House, managing director, at ethan.house@energynet.com.