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Stone Hill Exploration has retained EnergyNet for the sale of a four well package including two proved developed producing wells in Harrison County, Ohio. The Lot # 119264 package includes a six-month average free cash flow of $59,652 per month.
Opportunity highlights:
- Non-Operated WI in two PDP Utica/Point Pleasant Wells
- Two Additional PUD Utica/Point Pleasant Locations
- Six-month Average Free Cash Flow: $59,652/Month
- Six-month Average 8/8ths Production: 783 bbl/d of oil and 18,529 Mcf/d
- Six-month Average Net Production: 40 bbl/d of oil and 957 Mcf/d
- Operator: Ascent Resources Utica LLC
- 86.36 Net HBP Leasehold Acres
Bids are due Sept. 12 at 4:00 p.m. CDT. For complete due diligence, please visit energynet.com or email Zachary Muroff, managing director, at Zachary.Muroff@energynet.com.
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