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.

Tyner Energy LP retained EnergyNet for the sale of a North Midland Basin package in the DEPA prospect comprised of non-producing leasehold acreage in Dawson and Martin counties, Texas, through a sealed-bid offering closing Dec. 10.

Highlights

  • 2,309.87 Net Non-Producing Leasehold Acres
    • 100.00% of Oil and Gas Leases (Delivering a 75.00% Net Revenue Interest)
    • Acreage Expires 2021 and 2022 | 1,595.91 Net Acres have Options to Extend thru 2023 and 2024
    • 267.50 Net Acres Subject to Consents to Assign
  • About Three Operated Horizontal Drilling Corridors
  • Additional Horizontal Development with Trades
  • Horizontal Dean Opportunity with Upside
    • Dean/Sby Formation Healthy Across Footprint
    • Positive Pinon Horizontal Dean Development Nearby
    • WC Formation Healthy in Southern Portions
    • Offset to Callon Silver City Mega-Pad
  • 10 Offset Active Rigs
  • 604 Active Offset Permits
    • 244 Active | 49 Completed | 20 Drilled/Drilling | 153 DUC | 138 Permitted
  • 1,400 Active Offset Producers
  • Select Area Offset Operators include Birch Operations Inc., Callon Petroleum Operating Co., Diamondback E&P LLC and Endeavor Energy Resources LP
  • Direct access to the Virtual Data Room: energynet.com/property_information.pl?lot=73076
Marketed: Tyner Energy North Midland Basin Package

Bids are due by 4 p.m. CT Dec. 10. For complete due diligence information on either package 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.