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.
Block T Operating LLC retained EnergyNet for the sale of Alabama assets in Choctaw County through a sealed-bid offering closing Nov. 6.
The offer includes operations, royalty interest and overriding royalty interest (ORRI) in a 20 well package plus leasehold, surface and mineral acreage.
Highlights:
- 100.00% to 77.1384% Working Interest / 77.1384% to 68.4375% Net Revenue Interest in 20 Wells:
- An Additional 12.416667% to 3.1719% ORRI in 16 Wells
- An Additional 0.826399% to 0.184824% Royalty Interest in Five Wells
- 16 Producing Wells | Two Water Disposal Wells | One Water Injection Well | One Shut-In Well
- Six-Month Average 8/8ths Production: 87 barrels per day of Oil
- Six-Month Average Net Income: $30,744 per Month
- 2,532.00 Net HBP Leasehold Acres
- 43.00 Surface Acres
- 31.60 Net Mineral Acres
For complete due diligence information visit energynet.com or email Michael Baker, vice president of business development, at Michael.Baker@energynet.com, or Denna Arias, director of transaction management, at Denna.Arias@energynet.com.
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