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.
Pioneer Natural Resources has retained EnergyNet for the sale of a 26 well package plus 6,456.03 net HBP in Crockett and Reagan counties, Texas. The Lot #94611 package includes four horizontal Wolfcamp producers.
Opportunity highlights:
- 25 PDP wells averaging 96 boed net for most recent twelve months
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- Four horizontal Wolfcamp producers
- 21 vertical producers
- One active SWD injector
- Current production is 59% oil weighted
- Next 12 months PDP net free cash flow estimated at $0.6 MM
- Approximately 6,400 net acres with high average working interest
- Most leases cover all depths
- 100% held by production or Development Agreement
- Contiguous acreage position enhances drilling economics through long-lateral development
- Opportunity to enhance well productivity through application of modern completion technology
Bids are due Dec. 14 at 4:00 p.m. CST. For complete due diligence, please visit indigo.energynet.com or email Zachary Muroff, managing director, at Zachary.Muroff@energynet.com.
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