The following information is provided by Oil & Gas Asset Clearinghouse LLC. All inquiries on the following listings should be directed to Clearinghouse. Hart Energy is not a brokerage firm and does not endorse or facilitate any transactions.

H&P Investments LLC retained the Oil & Gas Asset Clearinghouse LLC to market for sale its nonoperated working interest in multiple counties in Oklahoma.

Asset overview:

  • Nonoperated working interest in 316 wells
    • 48.7% working interest / 39.7% net revenue interest average ownership
  • Stable cash flows and production derisked with 149 active wells operated by New Dominion LLC
  • Producing primarily from the Hunton-Misener reservoirs
  • Rich gas content generates higher effective gas price
    • Plant proceeds derived from ethane, propane, butane and C5+
    • Up to 2.3 Btu factor
Source: Oil & Gas Asset Clearinghouse LLC

Asset Summary

Well Count 316
Net Daily Production 4.093 MMcfe/d
Avg. % WI / NRI 48.7% / 39.7 %
Commodity Split 97% gas
LTM Cash Flow $4.69 million
NTM Cash Flow $7.04 million
PV-10 $19.4 million

Bids are due March 17. The transaction is expected to have an effective date of March 1.

A virtual data room is available. For information visit or contact Chris Dixon at or 281-984-6837.