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.
Lode Holdings LLC retained the Oil & Gas Asset Clearinghouse LLC for the sale of a Permian Basin mineral package located in Gaines County, Texas.
Highlights:
- 4,481 gross (202 net) acres in Gaines County, Texas
- 56.52 net acres lease or HBP
- Leased acreage by Comstock Resources Inc. and Sabinal Energy LLC
- $750/ net mineral acre three-year lease bonus received in 2018
- 73 offset horizontal San Andres wells brought on since January 2018
- Recent offset drilling activity by Ring Energy Inc., Occidental Petroleum Corp., Lime Rock Resources, Texland Petroleum LP
- 677,000 PV-10 value per San Andres well type curve at 17.5% royalty interest
Bids are due by April 2. An electronic data room is available.
For information visit ogclearinghouse.com or contact Matt Stowers at mstowers@ogclearinghouse.com or 214-725-5371.
Recommended Reading
BP Restructures, Reduces Executive Team to 10
2024-04-18 - BP said the organizational changes will reduce duplication and reporting line complexity.
Matador Resources Announces Quarterly Cash Dividend
2024-04-18 - Matador Resources’ dividend is payable on June 7 to shareholders of record by May 17.
EQT Declares Quarterly Dividend
2024-04-18 - EQT Corp.’s dividend is payable June 1 to shareholders of record by May 8.
Daniel Berenbaum Joins Bloom Energy as CFO
2024-04-17 - Berenbaum succeeds CFO Greg Cameron, who is staying with Bloom until mid-May to facilitate the transition.
Equinor Releases Overview of Share Buyback Program
2024-04-17 - Equinor said the maximum shares to be repurchased is 16.8 million, of which up to 7.4 million shares can be acquired until May 15 and up to 9.4 million shares until Jan. 15, 2025 — the program’s end date.