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.
Cascade Acquisition Partners LP retained EnergyNet for the sale of a Fayetteville Shale well package in Arkansas through an auction closing Sept. 5.
The offering comprises royalty interest and overriding royalty interest (ORRI) in over 1,000 wells located in Columbia, Conway, Faulkner, Franklin, Pope, Union, Van Buren and White counties, Ark.
Highlights:
- Various Royalty and Overriding Royalty Interests in 1,196 Wells
- 1,049 Producing | 87 Non-Producing | 49 Temporarily Abandoned
- Nine Plugged and Abandoned | Two Dry Holes
- Six-Month Average 8/8ths Production: 293.188 million cubic feet per day of Gas and 649 barrels per day of Oil
- Six-Month Average Net Income: $8,143 per Month
- Select Operators include Exxon Mobil Corp., Flywheel Energy Production LLC, Merit Energy Co. and Mission Creek Opco LLC
Bids are due by 3 p.m. CDT Sept. 5. For complete due diligence information 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.
Recommended Reading
Chevron’s Tengiz Oil Field Operations Start Up in Kazakhstan
2024-04-25 - The final phase of Chevron’s project will produce about 260,000 bbl/d.
Rhino Taps Halliburton for Namibia Well Work
2024-04-24 - Halliburton’s deepwater integrated multi-well construction contract for a block in the Orange Basin starts later this year.
Halliburton’s Low-key M&A Strategy Remains Unchanged
2024-04-23 - Halliburton CEO Jeff Miller says expected organic growth generates more shareholder value than following consolidation trends, such as chief rival SLB’s plans to buy ChampionX.
Deepwater Roundup 2024: Americas
2024-04-23 - The final part of Hart Energy E&P’s Deepwater Roundup focuses on projects coming online in the Americas from 2023 until the end of the decade.
Ohio Utica’s Ascent Resources Credit Rep Rises on Production, Cash Flow
2024-04-23 - Ascent Resources received a positive outlook from Fitch Ratings as the company has grown into Ohio’s No. 1 gas and No. 2 Utica oil producer, according to state data.