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.
QEP Energy Co. retained EnergyNet to auction non-producing mineral interest within the Uinta Basin across multiple Utah counties.
The sale includes 16,315.3387 net mineral acres or containing about 59,155.11 gross acres located in Carbon, Duchesne, Emery, Iron, Juab, Kane, Millard, Sanpete, Sevier, Tooele and Wasatch counties, Utah.
Property Highlights:
Offset Activity:
- 204 Active Area Permits (193 Horizontal)
- Select Area Operators:
- Axia Energy II LLC
- Berry Petroleum Co. LLC
- Crescent Point Energy U.S. Corp.
- EOG Resources Inc.
- EP Energy E&P Co. LP
- Newfield Production Co.
- XTO Energy Inc.
Bids close at 3:55 p.m. CST July 19. For complete due diligence information visit energynet.com or email Ryan Dobbs, vice president of business development for EnergyNet, at Ryan.Dobbs@energynet.com. For further questions contact Denna Arias, director of transactions and business development for EnergyNet, at 832-403-3125 or Denna.Arias@energynet.com.
Editor's note: QEP Energy is an affiliate of QEP Resources Corp., which announced on July 10 the sale of Uinta assets in eastern Utah in Duchesne and Uintah counties for $155 million.
Recommended Reading
Brett: Oil M&A Outlook is Strong, Even With Bifurcation in Valuations
2024-04-18 - Valuations across major basins are experiencing a very divergent bifurcation as value rushes back toward high-quality undeveloped properties.
Marketed: BKV Chelsea 214 Well Package in Marcellus Shale
2024-04-18 - BKV Chelsea has retained EnergyNet for the sale of a 214 non-operated well package in Bradford, Lycoming, Sullivan, Susquehanna, Tioga and Wyoming counties, Pennsylvania.
Triangle Energy, JV Set to Drill in North Perth Basin
2024-04-18 - The Booth-1 prospect is planned to be the first well in the joint venture’s —Triangle Energy, Strike Energy and New Zealand Oil and Gas — upcoming drilling campaign.
PGS, TGS Merger Clears Norwegian Authorities, UK Still Reviewing
2024-04-17 - Energy data companies PGS and TGS said their merger has received approval by Norwegian authorities and remains under review by the U.K. Competition Market Authority.
Energy Systems Group, PacificWest Solutions to Merge
2024-04-17 - Energy Systems Group and PacificWest Solutions are expanding their infrastructure and energy services offerings with the merger of the two companies.