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.
EnerVest Energy Institutional Fund XII-WIB LP retained EnergyNet for the sale of a Western Anadarko Basin package of assets through an auction closing April 1.
The offering includes nonoperated working interest in a 163-well package plus HBP leasehold acreage located in Oklahoma's Roger Mills County and Hemphill County, Texas.
Highlights:
- 1.28% to 0.01128% Working Interest / 1.0011% to 0.009165% Net Revenue Interest in 163 Wells:
- 159 Producing Wells | Four Non-Producing
- Minor Undivided Ownership of Laredo Gas Gathering System
- 12-Month Average Net Income: $9,354 per Month
- Six-Month Average 8/8ths Production: 17.428 million cubic feet per day of Gas and 172 barrels per day of Oil
- Operators include BCE-Mach LLC, Presidio Petroleum LLC and Tecolote Energy Operating LLC
- 339.00 Net HBP Leasehold Acres
- Further subject to Oklahoma State Sales Tax

Bids are due by 1:55 CT April 1. 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.
Recommended Reading
E&Ps’ Rich Cash Flows Obscuring Critically Needed Capex Investment
2023-09-29 - Analysts said some measures show capex spending might be significantly underfunded and that “critical amounts of investment” are needed.
SM Energy Declares Quarterly Cash Dividend
2023-09-28 - SM Energy Co.’s board of directors approved a quarterly cash dividend of $0.15 per share of common stock outstanding.
Western Midstream Offering Senior Notes for Meritage Acquisition
2023-09-28 - Net proceeds from the offering are expected to be used to fund a portion of the aggregate purchase price for Western Midstream’s pending $885 million acquisition of Meritage Midstream Services II LLC.
Ovintiv Renews Annual Share Buy-Back Program
2023-09-27 - Ovintiv received approval from the Toronto Stock Exchanged to purchase up to 26.7 million common shares, or about 10% of its public float, over a 12-month period.
Sitio Royalties Upsizes Senior Notes Offering to $600 Million
2023-09-27 - Proceeds from the notes offering will be used to pay down existing debt, Sitio Royalties said.