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.
Churchill Oil & Gas LLC and Arb Energy LLC retained EnergyNet for the sale of an Eagle Ford Shale opportunity through a sealed-bid offering closing Oct. 16.
The offer includes 100% gross working interest with operations plus HBP leasehold acreage in Gonzales County, Texas.
Highlights:
- 100% Working Interest / 74% Net Revenue Interest in the Screaming Eagle B 4H and 6H producing wells
- 380 gross/net HBP leasehold acres
- Six-month average 8/8ths production: 29 barrels per day of Oil
- Seven-month average net income: $21,978 per month
- Equipment includes: Production facilities and 200 horsepower jet pump
- Three-phase power on location
- Established frac pond site
Bids are due by 4 p.m. CDT Oct. 16. For complete due diligence information visit energynet.com or email Heidi Epstein, manager of business development, at Heidi.Epstein@energynet.com, or Denna Arias, director of transaction management, at Denna.Arias@energynet.com.
Recommended Reading
ArcLight Appoints Former Entergy CEO Denault as Senior Adviser
2023-05-10 - ArcLight Capital Partners appointed former Entergy CEO Leo Denault as a senior adviser and member of the private equity firm’s power infrastructure board.
Pearl Energy Backs Swordfish Energy for Permian Basin M&A
2023-05-13 - Swordfish is led by part of the team that sold Advance Energy Partners Holdings LLC to Matador Resources Co. for $1.6 billion.
MLP Crestwood Shuffles Executive Team as Dougherty Departs
2023-04-25 - The longtime executive vice president’s exit will mean management changes in Crestwood’s accounting division.
NGP Backs Permian Mineral, Royalty Firm with $100MM Investment
2023-04-24 - NGP is financially backing Wing Resources on a seventh partnership aimed at acquiring oil and gas minerals and royalties in the Permian Basin.
Pearl Energy Investments Raises $705 Million Fund to Target Permian
2023-05-17 - Pearl Energy Managing Partner Bill Quinn told Hart Energy the fund is backing three management teams, with two focused on the Permian and a third with a heavy emphasis on Saskatchewan, Canada.