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.

EverQuest Energy Corp. retained EnergyNet for the sale of a Permian Basin asset located in Lea County, N.M., through an auction closing Oct. 16.

The offer includes interests in a Devonian producer plus 100% working interest in an offset saltwater disposal well.

Highlights:

  • 87.91268% Working Interest / 70.82189% Net Revenue Interest in the Mobil State COM #1
    • Devonian Producer under High-Volume Lift Operations
  • 100% Working Interest in the State L 736 #1 Saltwater Disposal Well
  • Six-Month Average 8/8ths Production: 18 barrels per day of Oil
  • 18-Month Average Net Cash Flow: $15,949 per Month
    • Cash flow includes an additional income from Saltwater Disposal fees charged to other Working Interest Owners —averaging $2,550 per month—for the use of the 100%-owned Saltwater Disposal well that offsets the producing well.
  • Operations assisted by a self-contained PLC that monitors production and disposal equipment automatically facilitating shutdown and startup for pre-programmed events
EverQuest Energy Permian Basin Asset Map, Lea County, New Mexico (Source: EnergyNet)
EverQuest Energy Permian Basin Asset Map, Lea County, New Mexico (Source: EnergyNet)

Bids are due by 1:30 p.m. CDT Oct. 16. For complete due diligence information visit energynet.com or email Lindsay Ballard, vice president of business development, at Lindsay.Ballard@energynet.com, or Denna Arias, director of transaction management, at Denna.Arias@energynet.com.

Onshore