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.
Territory Resources LLC has retained EnergyNet for the sale of 15-well package in Kay, Noble and Pawnee counties, Oklahoma. The Lot # 120110 package includes a nine-month average net income of $60,651 per month.
Opportunity highlights:
- Operated Working Interest in 15 Wells:
- Avg. ~99.57% WI
- Nine-Month Average Net Income: $60,651/month
- Six-Month Average 8/8ths Production: 55 bbl/d of oil and 20 MMcf/d of natural gas
- Six-Month Average Net Production: 45 bbl/d of oil and 15 MMcf/d of natural gas
- 20 PUDs Located in Kay & Noble counties:
- 100.00% WI / 81.392% NRI
Further subject to Oklahoma State Sales Tax.
Operator Bond Required.
Bids are due Oct. 30 at 4 p.m. CDT. For complete due diligence, please visit energynet.com or email Ethan House, managing director, at Ethan.House@energynet.com, Emily McGinley, director of business development, at Emily.McGinley@energynet.com, or Jessica Scott, buyer relations manager, at Jessica.Scott@energynet.com.
Recommended Reading
Oilfield Services Firm Flowco Files IPO Paperwork
2024-12-09 - Oilfield services provider Flowco filed paperwork for an IPO, one of several energy-focused players seeking to test the public markets.
Devon CEO Muncrief to Retire, COO Gaspar to Take Top Job in March
2024-12-09 - Devon Energy President and CEO Rick Muncrief, who has led Devon during past four years, will retire March 1. The board named COO Clay Gaspar as his successor.
Are Shale Producers Getting Credit for Reining in Spending Frenzy?
2024-12-08 - An unusual reduction in producer hedging found in a Haynes and Boone survey suggests banks are newly open to negotiating credit terms, a signal of market rewards for E&P thrift.
Dividends Declared Weeks of Nov. 25, Dec. 2
2024-12-06 - Here is a compilation of dividends declared from select upstream and midstream companies in fourth-quarter 2024.
Apex Locks in Financing for North Carolina Wind Farm
2024-12-05 - Apex Clean Energy said commercial operations at a 189 megawatt wind farm are expected to begin by year-end 2024.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.