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.

Sabine Oil & Gas Corp. and Sabine East Texas Basin LLC retained EnergyNet for the sale of a 62 well package in East Texas through an auction. The package, Lot# 101422, includes operations plus one nonop well and leasehold acreage in Harrison and Panola counties, Texas.


  • Operations in 61 Wells:
    • Average Working Interest ~96% / Average Net Revenue Interest ~75%
  • Nonoperated Working Interest in the Terrell GU 001 Well:
    • ~10% Working Interest and ~8% Net Revenue Interest
    • Operator: Pedernales Petroleum Op LLC
  • Last six-month average:
    • Gross production of 1,182 Mcf/d and 6 bbl/d of oil
    • Net production of 888 Mcf/d and 4 bbl/d of oil
    • Net operating income of $118,842 / month
  • Production primarily sourced from East Texas Basin reservoirs – Cotton Valley
  • Next 12-month PDP cash flow of $1.7 million
  • PDP PV-10 of $6.8 million
  • PDP net reserves of 7.5 Bcfe
  • Recompletion opportunities for 33 quantified locations targeting Cotton Valley, Pettet and Travis Peak
  • ~9,266 Net HBP Leasehold Acres
EnergyNet Marketed Map - Sabine Oil and Gas East Texas Well Package

Bidding for the package opens at 2:25 p.m. CT on Nov. 9 and closes at 2:25 p.m. CT on Nov. 16.

For complete due diligence information visit or email Cody Felton, managing director, at, or Denna Arias, executive director of acquisitions and divestments, at