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.
Asset Highlights:
- 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
Bids are due on May 16 at 1:55 p.m. CDT. For complete due diligence information, please visit http://www.energynet.com or email Zachary Muroff, Managing
Director, at Zachary.Muroff@energynet.com.
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