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.
Bellatorum Resources retained EnergyNet for the sale of Permian Basin assets through an auction closing Nov. 10.
The offering includes two packages of royalty acreage within the Midland Basin in West Texas, one located in Glasscock County and the other in Howard County.
For complete due diligence information visit energynet.com or email Heidi Epstein, manager of business development, at Heidi.Epstein@energynet.com, or Denna Arias, vice president of corporate development, at Denna.Arias@energynet.com.
Glasscock County Package
BR SRP JV LLC is offering a 13 Property Package (Producing Mineral Interest/Royalty Interest - 141.88 Net Mineral Acres) in Glasscock County, Texas.
Highlights:
- 141.88 Producing Net Mineral Acres (225.24 Net Royalty Acres)
- 2.083333% to 0.965849% Royalty Interest in 13 Properties (27 Wells):
- 11 Producing Properties | Two Non-Producing Properties
- Operators include Concho Resources Inc., Doublepoint Energy LLC, Ovintiv USA Inc., Parsley Energy Inc. and Pioneer Natural Resources Co.
- Six-Month Average 8/8ths Production: 528 bbl/d of Oil and 1.707 MMcf/d of Gas
- Four-Month Average Net Income: $35,267 per Month
- Click here to view Seller Presentation
Bids are due by 2:40 p.m. CST Nov. 10.
Howard County Package
BR SRP JV LLC is offering a 17 Well Package (Royalty Interest & Non-producing Royalty Interest) plus Producing and Non-Producing Minerals (297.336 Net Mineral Acres) in Howard County, Texas.
Highlights:
- 297.336 Net Mineral Acres (618.593 Net Royalty Acres)
- 224.18 Net Producing Acres (470.451 Net Royalty Acres)
- 73.156 Net Non-Producing Acres (148.142 Net Royalty Acres)
- 4.022925% to 3.348825% Royalty Interest in Nine Producing Wells
- 1.591584% Non-Participating Royalty Interest in the Producing Joy 39 Lease (Eight Wells)
- Six-Month Average 8/8ths Production: 90 bbl/d of Oil and 475,000 cubic feet per day of Gas
- Operators include Crownquest Operating LLC, Occidental Petroleum Corp. OTB Operating LLC and SM Energy Co.
- Click here to view Seller Presentation
Bids are due by 2:25 p.m. CST Nov. 10.
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