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.
Unit Four Partnership ("Unit Four") retained EnergyNet for the interest of a 97 well package (RI and ORRI) in Bottineau, Divide, McKenzie, and Williams Counties, North Dakota. Lot# 104216 offers overriding royalty interest in 79 wells with an average ORRI of ~0.21%, and royalty interest in another 18 wells with an average RI of ~0.05%. In addition, there is a 12-month average net income of $17,386/month, a 6-month average 8/8ths production of 6,187 barrels per day (bbl/d) and 26,099 MCFPD, and a 6-month average net production of 14 bbl/d and 56 MCFPD. Unit Four has retained EnergyNet as its exclusive advisor relating to the transaction.
- Overriding Royalty Interest in 79 Wells:
- Avg ORRI ~0.21%
- Royalty Interest in 18 Wells:
- Avg RI ~0.05%
- 12-Month Average Net Income: $17,386/Month
- 6-Month Average 8/8ths Production: 6,187 BOPD and 26,099 MCFPD
- 6-Month Average Net Production: 14 BOPD and 56 MCFPD
- Select Operators:
- Continental Resources, Inc.
- Hess Bakken Investments II, LLC
- Liberty Resources Management Company, LLC
- Petro-Hunt, LLC
2023-08-11 - The New York credit-focused asset management firm said there may by $100 billion in energy transition opportunities throughout its portfolio.
2023-07-30 - With more than 1,000 km of hydrogen pipeline in place and nearly 200 hydrogen refueling stations globally, Linde CEO says the company can scale up, even as big oil companies begin to enter the market.
2023-08-02 - Energy asset management firm Kimmeridge aims to deploy 70% of the new E&P-focused fund in the first two years.
2023-09-14 - A Citibank survey found that family offices preferred to invest in technology and healthcare sectors in the coming year, with energy in third place.
2023-08-05 - Analysts’ questions led Magnolia Oil & Gas’ CEO to describe the exchange as akin to the courtroom scene from a “A Few Good Men.”