The following information is provided by LandGate Corp. All inquiries on the following listings should be directed to LandGate. Hart Energy is not a brokerage firm and does not endorse or facilitate any transactions.
LandGate is representing a mineral owner in the sale of a Midland Basin producing mineral position in Irion County, Texas.
The offering includes royalty cash flow from 20 wells in two units, the Faudree Unit and Linthicum Unit. The wells are operated by Sequitur Energy Resources producing 651 bbl/d and 10.6 MMcf/d gross and generating $13,000 per month in net cash flow.
Additional Wolfcamp benches and locations exploitable in future oil price environments.
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Enbridge sold a natural gas pipeline transportation and gathering system in the southeastern U.S., according to Black Bear Transmission, which said it had acquired the assets for an undisclosed amount.
Catena Resources retained Oil & Gas Asset Clearinghouse for the sale of an operated package of Permian Basin assets in New Mexico's Lea County.
Capstone Natural Resources II retained TenOaks Energy Advisors for the sale of its operated Central Basin Platform properties in Ector and Upton counties, Texas, within the Permian Basin.