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.
Marathon Oil Corp. retained EnergyNet to sell Anadarko Basin properties across multiple counties in Oklahoma including those located in the Stack Play.
The offer includes interest in more than 50 wells with a combined average net income of roughly $315,705.
Property Highlights:
Lot: 55931
- Grady and Stephens Counties, Okla.
- 93.261719% to 18.75% Working Interest / 75.75685% to 16.40625% Net Revenue Interest in 48 Wells:
- An Additional 4.41828% to 0.32226% Overriding Royalty Interest in 26 Wells
- An Additional 0.56152% to 0.04272% Royalty Interest in 11 Wells
- The J Kaye 3 33 and Roy D Mercer 4 11 Wells are Completed in Multiple Formations
- 37 Producing Wells | 10 Shut-In Wells | 1 Temporarily Abandoned Well
- Six-Month Average 8/8ths Production: 187 barrels per day (bbl/d) of oil and 3.279 million cubic feet per day (MMcf/d) of gas
- Six-Month Average Net Income: $288,674 per Month
Lot: 55930
- Blaine, Canadian, Dewey, Grady and Kingfisher Counties, Okla.
- 100.00% to 6.9446% Working Interest / 85.253906% to 5.875784% Net Revenue Interest in 53 Wells:
- An Additional 1.674205% to 0.26584% Overriding Royalty Interest in Five Wells
- 27 Producing Wells | 26 Shut-In Wells
- Six-Month Average 8/8ths Production: 1.209 MMcf/d of gas and 21 bbl/d of oil
- Four-Month Average Net Income: $27,031 per Month
Bids close at 4 p.m. CST March 14. For complete due diligence information energynet.com or email Cody Felton, vice president of business development, at Cody.Felton@energynet.com, or Denna Arias, director of transaction management, at Denna.Arias@energynet.com.
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