Marketed: Well Package with Operations in Dimmit County, Texas

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.

EnergyNet has been retained by Horst Grosspeter as trustee for Grosspeter Vierte Vermoegensverwaltungs GmbH & Co. KG as mortgagee and secured party for the sale of an eight well package and one saltwater disposal well with operations in Dimmit County, Texas, through a sealed-bid offering.

Highlights:

• Operated Working Interest in Nine Wells:
  • 100.00% Working Interest / 72.50% Net Revenue Interest in the M.B. Adams and M.B. Korn Leases
  • 30.00% Working Interest / 21.60% Net Revenue Interest in the Bowman McLean "B" #2 Well
  • Four Producing Wells | One Saltwater Disposal | Four Shut-in Wells
• Six-month Average 8/8ths Production: 30 bbl/d of Oil
• Estimated Monthly Revenues: ~$34,000/Month
• Operator: Black Gold Operating Co LLC
• Operator Bond Required

Bids are due at 4 p.m. CST on Feb. 1. For complete due diligence information on any of the packages visit energynet.com or email Cody Felton, vice president of business development, at Cody.Felton@energynet.com, or Denna Arias, vice president of corporate development, at Denna.Arias@energynet.com.