Marketed: SCOOP/STACK Shale Package On EnergyNet's New Indigo Platform

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.

An undisclosed company retained EnergyNet for the sale of a package of assets in Oklahoma's SCOOP and STACK shale plays through a sealed-bid offering closing May 7.

The offering includes overriding royalty interest (ORRI), royalty interest and nonoperated working interest in a 308-well package plus leasehold and minerals in Blaine, Canadian, Grady, Kingfisher and McClain counties, Okla.

The package is listed on the firm's new EnergyNet Indigo platform, which is tailor-made for higher valued assets. The platform features asset deals valued from $20 million to more than $250 million, according to EnergyNet.

Highlights:

• Overview:
  • 11,756.28 Net ORRI Acres
  • 1,230.39 Net Mineral Acres
  • 646.14 Net Leasehold Acres
  • Current Average 8/8ths Production: 215.877 MMcf/d of Gas and 27,300 bbl/d of Oil
  • Four-Month Average Net Cash Flow: $101,308 per Month
• ORRI in 216 Producing Wells:
  • 6.210475% to 0.000026% ORRI
  • An Additional Royalty Interest Only in Four Wells
  • Select operators include Cimarex Energy Co., Continental Resources Inc., EOG Resources Inc., Marathon Oil Co. and Ovintiv Inc.
• Royalty Interest in 56 Producing Wells:
  • 6.255% to 0.001467% Royalty Interest
  • Select operators include EOG Resources Inc., Marathon Oil Co. and Ovintiv Inc.
• Nonoperated Working Interest in 26 Producing Wells:
  • 12.963242% Working Interest to 0.039169% Working Interest/ 10.476892% to 0.03016% Net Revenue Interest in Horizontal Wells
  • An Additional ORRI Only in Seven Wells
  • An Additional ORRI and Royalty Interest in One Well
  • Select operators include Continental Resources Inc. and Ovintiv Inc.

Bids are due at 4 p.m. CT May 7. For complete due diligence information visit indigo.energynet.com or email Emily McGinley, manager of business development, at Emily.McGinley@energynet.com, or Denna Arias, vice president of corporate development, at Denna.Arias@energynet.com.