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.
Texas Independent Exploration Ltd. retained EnergyNet for the sale of a Bone Spring opportunity within the Permian Basin through a sealed-bid offering closing on Dec. 16.
The offering consists of nonoperated working interest in a three well package operated by XTO Energy Inc. in Pecos County, Texas.
Highlights:
- Nonoperated Working Interest in Three Producing Wells (Wellbore Only):
- 2.00% Working Interest / 1.50% Net Revenue Interest
- 10,000-ft Laterals for All Three Wells
- Target Zones: Avalon, 2nd and 3rd Bone Spring
- Current Average 8/8ths Production: 3,004 bbl/d of Oil and 2.667 MMcf/d of Gas
- Operator: XTO Energy Inc.
Bids are due by 4 p.m. CST Dec. 16. For complete due diligence information on either package visit energynet.com or email Heidi Epstein, manager of business development, at Heidi.Epstein@energynet.com, or Denna Arias, vice president of corporate development, at Denna.Arias@energynet.com.
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