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.

Wayfinder Resources Operating and KSE Minerals has retained EnergyNet for the sale of a Mississippian/ Woodford opportunity in Canadian County, Oklahoma. The lot# 116498 package includes a 12-month average net income of $75,089 per month.

EnergyNet
(Source: EnergyNet)

Opportunity Highlights:

  • Non-Operated Working Interest in 3 Wells:
    • Avg WI ~3.86% / Avg NRI ~2.95%
    • An Additional RI/ORRI in 2 Wells
  • Royalty and Overriding Royalty Interest in 2 Wells:
    • Avg RI ~0.33% / Avg ORRI ~1.35%
  • WI Participation in the Lorenzen 7-6-12-8 5WH Well:
    • Seller has Elected to Participate
    • Section 6: WI 4.539602% / NRI 3.543069% (Subject to Pooling Order)
    • Section 7: WI 3.854099% / NRI 2.769941% (Subject to JOA)
    • Spud Date: 04-29-2024
    • Projected Formation: Woodford
    • Total Participation Cost: ~$740,917
  • Prior Regulatory Activity for Two Additional Woodford Wells beyond the Current Well Proposal
  • 12-Month Average Net Income: $75,089/Month
  • 6-Month Average 8/8ths Production: 11,185 MMcf/d and 614 bbl/d of oil.
  • 6-Month Average Net Production: 372 MMcf/d and 20 bbl/d of oil.
  • Operator: Mach Natural Resources LP
  • 106.81 Net HBP Leasehold Acres
  • Further subject to Oklahoma State Sales Tax

Bids are due May 14 at 4 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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