Promontory Exploration LP has retained EnergyNet for the sale of 1,400 net leasehold acres Eddy and Lea Counties, New Mexico. The Lot# 107713 package includes 52 proven HZ locations operated by Top Delaware Basin.

Promontory Exploration LP
(Source: EnergyNet)

Opportunity highlights:

    • 1,400 net leasehold acres across 6 tracts
      • 26% Lea Co. / 74% Eddy Co.
    • Average WI: 20.31%
    • Rights to all depths
    • No expirations until 2033
  • 52 Proven HZ locations
  • Horizontal Drilling Inventory
      • 21 well proposals on position
      • 2 approved permits on position
    • 40 Upside HZ locations
  • Ownership concentrated under premier Delaware Basin operators including Mewbourne, Tascosa, and Promontory Exploration
  • 188 Horizontal Rigs continue to run in the Delaware Basin
  • Active Development by Top Delaware Basin Operators

Bids are due October 26, 2023, at 4:00 PM CDT. For complete due diligence information on this property, please visit or email Zachary Muroff, Managing Director, at