[Editor's note: This story was updated on 11:25 a.m. CT June 5 to reflect a bid date extension. It was originally published May 26, 2020.]

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.

Victerra Energy LLC retained EnergyNet for the sale of a Permian Basin/Wolfcamp Shale package located in Reeves County, Texas, through an auction. Bidding has been extended to June 30 from the original closing date of June 10.

The offering includes operations in 10 wells and three saltwater disposal well plus leasehold acreage.


  • 100.00% to 62.50% Working Interest / 75.21% to 73.01% Net Revenue Interest in 13 Wells
  • Six-Month Average Net Production: 8.270 MMcf/d of Gas and 364 bbl/d of Oil
  • 12-Month Average Net Cash Flow: $276,894 per Month
  • Contiguous, Delineated Acreage 
    • Acreage is 100% Contiguous and largely setup for Long Laterals—Optimal Economics
    • Obligations to HBP Position are Highly Manageable
    • Identified Opportunities to add Scale via Offset Acreage Leasing and Acquisitions
  • Recently Completed Wolfcamp B Well (Allman 24 1H) 
    • IP-30 of 2,072 boe/d; IP-90 of 1,932 boe/d
  • Recent Offset Well Activity and Development 
    • Excellent WCA and WCB Production Results
    • Victerra Core Area PDP Wells: 
      • Three Lower A Wells Average IP-30 of 1,090 boe/d
      • Three Upper B Wells Average IP-30 of 1,580 boe/d
  • Nearby Delineation and Pad Development
  • Positive Admiral Permian Wells in Adjacent Acreage
  • Five Rigs Working in Close Proximity
Marketed: Permian Basin/Wolfcamp Shale Package, Reeves County

Bids are due by 4 p.m. CT June 30. 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, vice president of corporate development, at Denna.Arias@energynet.com.