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.
Grizzly Energy LLC retained EnergyNet for the sale of Oklahoma and Texas properties through multiple auctions ending April 22.
The offerings consist of an 839-property package comprised of royalty interest and overriding royalty interest (ORRI) and a separate 639-well package that includes nonoperated working interest, ORRI and royalty interest. Assets are located in various counties throughout the two states.
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.
Lot 65991 (839-property package)
Highlights:
- Royalty Interest or ORRI in 839 Properties (Multiple Wells):
- 12.25961% to 0.00028% Royalty Interest/ORRI
- 358 Producing Properties | 473 Non-Producing Properties | Eight Water Supply Wells
- Select Operators include Chaparral Energy LLC, Chesapeake Operating LLC, FourPoint Energy and Presidio Petroleum Co.
- Six-Month Average Net Income: $15,548 per Month
- Six-Month Average 8/8ths Production: 31.793 MMcf/d of Gas and 1,598 bbl/d of Oil
- 714.9245 Net Leasehold Acres

Bids are due 1:30 p.m. CT April 22.
Lot 65993 (639-well package)
Highlights:
- Nonoperated Working Interest in 494 Wells:
- 67.6875% to 0.016275% Working Interest / 59.22656% to 0.009478% Net Revenue Interest
- 361 Producing Wells | Three Saltwater Disposals | 129 Non-Producing Wells | One Temporarily Abandoned Well
- Three Wells are Completed in Multiple Formations
- Net Revenue Interest on Some Wells Contain ORRI/Royalty Interest
- Select Operators include 4P Energy Texas LLC, BP America Production Co., Cimarex Energy Co. and Fairway Resources Operating III LLC
- Royalty Interest or ORRI in 125 Wells:
- 4.6875% to 0.003399% Royalty Interest/ORRI
- 109 Producing Wells | One Saltwater Disposal Well | 15 Non-Producing Wells
- Select Operators include Burlington Resources Oil & Gas LP, Chesapeake Operating LLC and XTO Energy Inc.
- Unknown Interest in 20 Wells
- Nine-Month Average Net Income: $42,602 per Month
- Six-Month Average 8/8ths Production: 39.786 MMcf/d of Gas and 1,625 bbl/d of Oil
- 2,994.06 Net Leasehold Acres
- Further Subject to Oklahoma State Sales Tax

Bids are due by 1:35 p.m. CT April 22.
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