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.
XTO Energy Inc. retained Oil & Gas Asset Clearinghouse LLC for the sale of Delaware Basin HPB acreage with current production in Ward County, Texas, in an offering closing Sept. 19.
Highlights:
- Delaware Basin HBP acreage
- 5,219 total gross (about 4,099 net) acres HBP with attractive lease net revenue interest (83.3%-87.5%)
- Significant Wolfcamp and Bone Spring drilling inventory
- Two nonoperated proved developed producing wells
- Current net cash flow of $125,000 per month (last three months average)
The data room is open. The transaction will have an Oct. 1 effective date.
For information visit ogclearinghouse.com or contact Thomas Edwards, business development executive with Clearinghouse, at tedwards@ogclearinghouse.com or 626-437-2869.
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