The following information is provided by Oil & Gas Asset Clearinghouse LLC. All inquiries on the following listings should be directed to Clearinghouse. Hart Energy is not a brokerage firm and does not endorse or facilitate any transactions.
H&L Operating retained Oil & Gas Asset Clearinghouse LLC to market an operated working interest package that includes 82 wells in Texas, Oklahoma and Kansas sold through a private sale.
Highlights:
- 100% working interest / 70% net revenue interest average ownership in 82 wells
- Producing from Morrow, Cleveland, Atoka, etc.
- Operated by CSODA Operating d/b/a H&L Operating
- 39,613.05 gross acres
- 1.571 gross (1.235 net) MMcf/d of average daily gas production
- 23 gross (17 net) bbl/d of average daily oil production
- $17,242 per month average net cash flow (pre-COVID)
- $2.864 million PV-10 of PDP
Bids are due Nov. 12. An electronic data room is available. The transaction is expected to have a Nov. 1 effective date.
For information visit ogclearinghouse.com or contact Bo Wagner at bwagner@ogclearinghouse.com or 972-302-4930.
Recommended Reading
Petrie Partners: A Small Wonder
2024-02-01 - Petrie Partners may not be the biggest or flashiest investment bank on the block, but after over two decades, its executives have been around the block more than most.
Air Products Sees $15B Hydrogen, Energy Transition Project Backlog
2024-02-07 - Pennsylvania-headquartered Air Products has eight hydrogen projects underway and is targeting an IRR of more than 10%.
Ovintiv Names Sippy Chhina to Board of Directors
2024-01-12 - Chhina recently retired as a partner at services firm Deloitte Canada LLP.
Matador Resources Declares Quarterly Dividend
2024-02-14 - Matador Resources will pay a $0.20 dividend on March 13 to shareholders of record by Feb. 23.
Chesapeake Slashing Drilling Activity, Output Amid Low NatGas Prices
2024-02-20 - With natural gas markets still oversupplied and commodity prices low, gas producer Chesapeake Energy plans to start cutting rigs and frac crews in March.