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.
Maverick Natural Resources LLC retained EnergyNet for the sale of Permian assets within the Central Basin Platform through an auction closing June 26.
The offer comprises operated working interest and overriding royalty interest (ORRI) in an eight-well package plus HBP leasehold acreage located in Winkler County, Texas.
Highlights:
- Operated Working Interest in Seven Wells:
- 100.00% Working Interest / 75.00% Net Revenue Interest
- Four Producing Wells | One Injection Well | Two Shut-In Wells
- ORRI in the Producing Hogg 2-5 Well:
- 5.18173% ORRI
- Operator: McDonald Energy Inc.
- Six-Month Average 8/8ths Production: 46 barrels per day of Oil and 293,000 cubic feet per day of Gas
- Six-Month Average Net Income: $32,030 per Month
- 1,261.369 Net HBP Leasehold Acres
Winkler County, Texas Asset Map (Source: EnergyNet)
Bids are due by 1:40 p.m. CDT June 26. 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.
Recommended Reading
Hess Seeks Partnership for Suriname Block 59
2024-08-22 - Hess Corp. is seeking a new partner or partners to join in Suriname’s offshore Block 59 after Exxon Mobil and Equinor each gave up their one-third interests last month.
Exxon Surprises with Smaller FPSO for Guyana’s Hammerhead Project
2024-07-19 - Exxon Mobil Corp. announced plans for its seventh development offshore Guyana, Hammerhead, which will add 120,000 bbl/d to 180,000 bbl/d of production capacity starting in 2029.
The EPC Market Keeps Its Head Above Water
2024-08-06 - While offshore investments are rising, particularly in deepwater fields, challenges persist due to project delays and inflation, according to Westwood analysis.
From Exxon to APA, E&Ps Feel Need to Scratch Exploration Itch
2024-08-27 - Exxon Mobil is looking for its “next Permian,” which an executive said could be in Algeria.
Beetaloo Juice: US Shale Explores Down Under
2024-06-28 - Tamboran Resources has put together the largest shale-gas leasehold in Australia’s Beetaloo Basin, with plans for a 1.5+ Bcf/d play. Behind its move now to manufacturing mode are American geologists and E&P-builders, a longtime Australian wildcatter, a U.S. shale-rig operator and a U.S. shale pressure-pumper.