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.
Manzanita Operating LLC retained EnergyNet for the sale of a Permian Basin asset located in Ward County, Texas, through an auction closing Dec. 4.
The offering includes operations in a 13 well package plus leasehold acreage.
Highlights:
- Operated Working Interest in Six Leases:
- 12 Producing Wells/ One Active Injection Well
- 91.00% to 82.75% Working Interest / 68.25% to 61.6075% Net Revenue Interest
- Six-Month Average 8/8ths Production: 35 barrels per day of Oil and 146,000 cubic feet per day of Gas
- Seven-Month Average Net Cash Flow: $5,570 per Month
- 1,200.00 Gross/Net Leasehold Acres
Bids are due by 2:45 p.m. CST Dec. 4. 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.
Recommended Reading
Senator Manchin Introduces New US Energy Permitting Bill
2023-05-02 - The legislation, Building American Energy Security Act, sets a two-year limit on environmental reviews of major federal energy projects and one year for smaller ones, reduces court delays over energy projects, and directs the U.S. president to designate at least 25 high level energy projects and prioritize their permitting.
Debt Ceiling Agreement Green-lights Mountain Valley Pipeline
2023-05-29 - An agreement by President Biden and Speaker McCarthy to avoid defaulting on the U.S. debt approves the Mountain Valley Pipeline and includes changes to the National Environmental Policy Act.
Biden Administration Announces $11 Billion for Rural Clean Energy Projects
2023-05-16 - The $11 billion in grants and loans for rural electric cooperatives, utilities and other energy providers will be funded by the money allotted in the Inflation Reduction Act.
Reports: Debt Ceiling Agreement to Streamline Energy Project Permitting
2023-05-28 - Few details were available, though news reports said the deal to avoid defaulting on the national debt also provides modest changes to the National Environmental Policy Act and protects tens of billions of dollars for clean energy.
Hydrogen Hubs Across US Submit Plans for $7 Billion in DOE Funding
2023-04-11 - Applicants are vying for $7 billion in U.S. Department of Energy funding to develop between six and 10 regional clean hydrogen hubs.