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.
- 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.
2023-01-30 - The upsized equity commitment and establishment of an RBL come as Double Eagle ramps up its development pace in the Permian Basin, including the recent addition of two drilling rigs.
2022-11-30 - Shale royalty Bryan Sheffield and Dick Stoneburner shift their attention to Australia.
2022-11-22 - The deal includes Clearfield, Elk and McKean counties, Pennsylvania, assets with current net production averaging about 17 MMcf/d.
2022-12-01 - Civitas Resources in the D-J Basin is aligning executive compensation with stakeholders, meeting emissions reduction targets and is on target to generate $1 billion in annual free cash flow this year. And inside its C-suite, a millennial woman from Colombia is showing everyone how it’s done.
2022-12-13 - “Committing to a development only the year after discovery is very rare but shows our determination to supply natural gas to Europe through a major investment in Norway,” Wintershall Dea's Dawn Summers said.