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.
Kaiser-Francis Oil Co. retained EnergyNet for the sale of a 16-well package with operations plus about 4,706 net leasehold acres in Oklahoma's Caddo and Commanche counties through an auction closing Dec. 16.
Highlights:
- Operated Working Interest in 16 Wells:
- 100.00% to 20.8894% Working Interest / 77.4571% to 14.7307% Net Revenue Interest (Before Payout)
- 14 Producing Wells | Two Non-Producing Wells
- Dean Clay 1-17 Well is Wellbore Only
- Includes the White Rock Gathering System
- Six-Month Average 8/8ths Production: 1.082 MMcf/d of Gas and 9 bbl/d of Oil
- 11-Month Average Net Cash Flow: $16,443 per Month
- About 4,706.00 Net Leasehold Acres
- Click here to view Package Overview
- Operator Bond Required
- Further Subject to Oklahoma State Sales Tax
- Mortgage to be released at Closing

Bids are due by 1:30 p.m. CST Dec. 16. 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, vice president of corporate development, at Denna.Arias@energynet.com.
Recommended Reading
OPEC Sees US Shale Output Recovering Further on Oil Rally
The outlook for U.S. shale oil is slightly more “optimistic” due to rising prices and output will recover further in the second half of 2021, OPEC said on Jan.14, in a sign its policy of cutting output is helping rivals pump more.
E&P Plus: November 2020 US Drilling Activity Highlights
Check out the latest oil and gas drilling activity highlights across the U.S. featured in the November issue of E&P Plus including a Purple Sage Field-Wolfcamp well in New Mexico, a Haynesville Shale producer in Louisiana’s Sabine Parish and an Ascent Resources Utica Shale discovery.
EIA: US Crude Oil Production Rises To Near Record High In March
Meanwhile, crude output in Texas, the biggest oil-producing state, meanwhile, eased 0.1% to 4.873 million barrels per day, according to a report by the U.S. Energy Information Administration.