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 in an auction of operated, producing assets within the Permian Basin in Howard County, Texas.
The offer includes 100% gross working interest in an 84-well package with operations plus 1,200.00 gross/net HBP leasehold acres.
Property Highlights:
- 100.00% Working Interest / 87.50% Net Revenue Interest in 84 Wells:
- 15 Producing Wells | Eight Injection Wells | 60 Shut-In Wells | One Temporarily Abandoned Well
- Six-Month Average 8/8ths Production: 32 barrels per day of Oil
- Eight-Month Average Net Income: $8,989 per Month
- 1,200.00 Gross/Net Leasehold Acres
Bids close at 2:55 p.m. CST Feb. 20. For complete due diligence information visit 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
Range Resources Holds Production Steady in 1Q 2024
2024-04-24 - NGLs are providing a boost for Range Resources as the company waits for natural gas demand to rebound.
EQT Sees Clear Path to $5B in Potential Divestments
2024-04-24 - EQT Corp. executives said that an April deal with Equinor has been a catalyst for talks with potential buyers as the company looks to shed debt for its Equitrans Midstream acquisition.
Novo II Reloads, Aims for Delaware Deals After $1.5B Exit Last Year
2024-04-24 - After Novo I sold its Delaware Basin position for $1.5 billion last year, Novo Oil & Gas II is reloading with EnCap backing and aiming for more Delaware deals.
Matador Hoards Dry Powder for Potential M&A, Adds Delaware Acreage
2024-04-24 - Delaware-focused E&P Matador Resources is growing oil production, expanding midstream capacity, keeping debt low and hunting for M&A opportunities.
TotalEnergies, Vanguard Renewables Form RNG JV in US
2024-04-24 - Total Energies and Vanguard Renewable’s equally owned joint venture initially aims to advance 10 RNG projects into construction during the next 12 months.