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.

Three Crown Petroleum LLC retained Oil & Gas Asset Clearinghouse LLC for the sale of a Powder River Basin producing mineral package in Johnson County, Wyo.

Highlights:

  • 9,497 gross (8,637 net) acres
  • $156,000 average annual net royalty cash flow (last three years)
  • $528,000 average annual lease bonus (last three years)
  • 4,103 net acres leased to ATX Energy Partners ($2 million bonus due to extend)
  • 2,773 net acres HBP leased to EOG Resources Inc.
  • 1,760 net acres open
  • EOG recently purchased directly offset open leasehold surrounding Hummingbird region
  • Offset horizontal drilling activity in the Mowry, Niobrara and Shannon reservoirs
Marketed: Powder River Basin Producing Mineral Package
Source: Oil & Gas Asset Clearinghouse LLC

Bids are due Feb. 27. An electronic data room is available.

For information visit ogclearinghouse.com or contact Jeremy Beddo at jbeddo@ogclearinghouse.com or 405-613-1227.

Onshore