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.
Sabine Oil & Gas Corp. retained EnergyNet for the sale of Marcellus Shale assets in West Virginia within the Appalachian Basin through an auction.
The offer comprises overriding royalty interest (ORRI) in 18 wells located in Harrison and Doddridge counties, W.Va, operated by Antero Resources Corp.
Highlights:
- 17 Active Marcellus Shale Horizontal Wells
- 2.417214% to 0.107996% ORRI
- Six-Month Average 8/8ths Production: 31.092 million cubic feet per day of Gas and 0.48 barrels per day of Oil
- 12-Month Average Net income: $22,726 per month
- Operated by Antero Resources Corp.
Bids are due at 2:30 p.m. CDT April 23. For complete due diligence information energynet.com or email Cody Felton, vice president of business development, at Cody.Felton@energynet.com, or Denna Arias, director of transaction management, at Denna.Arias@energynet.com.
Recommended Reading
E&P Highlights: April 22, 2024
2024-04-22 - Here’s a roundup of the latest E&P headlines, including a standardization MoU and new contract awards.
E&P Highlights: Feb. 26, 2024
2024-02-26 - Here’s a roundup of the latest E&P headlines, including interest in some projects changing hands and new contract awards.
Halliburton’s Low-key M&A Strategy Remains Unchanged
2024-04-23 - Halliburton CEO Jeff Miller says expected organic growth generates more shareholder value than following consolidation trends, such as chief rival SLB’s plans to buy ChampionX.
ShearFRAC, Drill2Frac, Corva Collaborating on Fracs
2024-03-05 - Collaboration aims to standardize decision-making for frac operations.
Trillion Energy Begins SASB Revitalization Project
2024-04-15 - Trillion Energy reported 49 m of new gas pay will be perforated in four wells.