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.
Edgewater Royalty LP retained EnergyNet for the sale of a 63 well package located across Oklahoma and Texas through auction closing Oct. 29.
The offering includes royalty interest and overriding royalty interest (ORRI).
Highlights:
- ORRI in 61 Wells:
- 3.125% to 0.029726% ORRI
- 45 Producing Wells | 16 Non-Producing Wells
- Royalty Interest in Two Producing Wells:
- 0.175785% Royalty Interest in the Jaco "A" 1 Well
- 0.01602% Royalty Interest in the R. G. Hunter #1 Well
- Six-Month Average 8/8ths Production: 2.592 million cubic feet per day of Gas and 92 barrels per day of Oil
- Six-Month Average Net Income: $7,495 per Month
- Select Operators include BP America Production Co., FourPoint Energy LLC, Jones Energy Inc. and XTO Energy Inc.
Bids are due by 1:50 p.m. CDT Oct. 29. For complete due diligence information visit energynet.com or email Ethan House, vice president of business development, at Ethan.House@energynet.com, or Denna Arias, director of transaction management, at Denna.Arias@energynet.com.
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