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.
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