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.
Reliance Eagleford Upstream Holding LP retained EnergyNet for the sale of a package of overriding royalty interest (ORRI) in the Eagle Ford Shale in South Texas through an auction closing July 8.
The package includes interest in 47 wells located across DeWitt and Karnes counties, Texas. Operators include affiliates of Devon Energy Corp., Lonestar Resources Inc., Marathon Oil Corp. and Repsol SpA.
Highlights:
- ORRI in 47 Wells:
- 0.810542% to 0.004754% ORRI
- 44 Producing Wells | Three Non-Producing Wells
- Six-Month Average 8/8ths Production: 951 bbl/d of Oil and 13,426 Mcf/d of Gas
- Five-Month Average Net Income: $6,391/Month
- Operators include Devon Energy Production Co. LP, Lonestar Operating LLC, Marathon Oil EF LLC and Repsol Oil & Gas USA LLC
The auction closes at 2:10 p.m. CDT on July 8. For complete due diligence information on any of the packages visit energynet.com or email Cody Felton, vice president of business development, at Cody.Felton@energynet.com, or Denna Arias, vice president of corporate development, at Denna.Arias@energynet.com.
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