Chisholm Exploration Inc. and Sojourner Enterprises Ltd. are selling nonoperated working interest in producing Eagle Ford and Austin Chalk wells.

The assets are located in Karnes County, Texas, and are available through a sealed bid offering. EnergyNet has been retained by the Abilene, Texas-based companies to handle the transaction.

Highlights:

  • Nonoperated working interest in 16 wells;
    • 15 producing horizontal Eagle Ford Shale wells;
    • One producing horizontal Austin Chalk well
  • Nine-month average net income of $491,598 per month;EnergyNet, on the market, Chisholm, Sojourner, Eagle Ford, Austin Chalk
    • Net income was about $1.1 million in August, according to EnergyNet;
  • Current 8/8ths production is 4,147 barrels per day of oil and 14,712 thousand cubic feet per day; and
  • Operated by Marathon Oil Corp. (MRO) subsidiary, Marathon Oil EF LLC.

All offers are due at 4 p.m. CST on Nov. 5. For complete due diligence information visit energynet.com or contact EnergyNet’s Lindsay Ballard at 512-269-9021.