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Overland Minerals & Royalties LLC et al retained EnergyNet for the sale of a Bakken Shale / Three Forks well package in North Dakota’s Dunn County. The auction property, Lot 96516, includes producing mineral and royalty interests in 15 wells plus one well currently being drilled operated by an affiliate of Marathon Oil Corp.
- Producing Mineral Interest / Royalty Interest in 15 Wells:
- Average 0.21% Royalty Interest
- Includes One Well Currently Being Drilled not yet in Pay Status
- Current Average 8/8ths Production: 6,531 bbl/d of Oil and 5,330 Mcf/d of Gas
- Current Average Net Production: 11 bbl/d of Oil and 9 Mcf/d of Gas
- Three-month Average Net Income: $30,613/Month
- Operator: Marathon Oil Co.
The auction closes at 1:55 p.m. CDT on July 16. For complete due diligence information visit energynet.com or email Emily McGinley, director, at Emily.McGinley@energynet.com, or Denna Arias, executive director of acquisitions and divestments, at Denna.Arias@energynet.com.
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