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.
Viceroy Petroleum LP retained EnergyNet for the sale of an Eagle Ford Shale opportunity through a sealed-bid offering closing Nov. 10. The offering comprises a five-well package including nonoperated working interest plus leasehold acreage in Karnes County, Texas.
Highlights:
- Nonoperated Working Interest in Five Producing Horizontal Eagle Ford Wells:
- 50.00% Working Interest / 37.13% Net Revenue Interest in the Dragon 1H Well
- Average Working Interest ~5.41% / Average Net Revenue Interest ~4.04% in the Four Panozzo Wells
- Four Future PSA wells with EOG - Anticipated Spud December 2021
- Six Future Dragon Wells (50% Working Interest) to Drill with Average Lateral Length over 6500ft with Opportunity to Propose Wells
- Operators: 1776 Energy Operators LLC and EOG Resources Inc.
- Current Average 8/8ths Production: 2,500 bbl/d of Oil and 3,017 Mcf/d of Gas
- Four-month Average Net Income: $222,771/Month
- 230.055 Net Eagle Ford Leasehold Acres
- 246.76 Net Austin Chalk Leasehold Acres
Bids are due at 4 p.m. CST on Nov. 10. For complete due diligence information on any of the packages visit energynet.com or email Zachary Muroff, vice president of business development, at Zachary.Muroff@energynet.com, or Denna Arias, vice president of corporate development, at Denna.Arias@energynet.com.
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