Apache Corp.

Transaction Type
Sellers
Marketers
Post Date
Close Date
Estimated Price
MM
Description

Apache Corp. retained EnergyNet to sell non-producing leasehold acreage within the Mississippian play and Woodford Shale in western Oklahoma through a sealed-bid offering.

The position covers 3,000.155 net acres in Ellis and Roger Mills counties, Okla.

Property Highlights:

  • 3,000.155 Net Leasehold Acres:
    • 100% of OGL (Delivering 80.00% to 84.25% NRI)
    • Ellis County: 566.479 Net Acres
    • Roger Mills County: 2,433.676 Net Acres (Includes 1,344.00 Net Federal Acres)
  • Leasehold Expires First-Quarter 2019
  • 124 Active Offset Permits:
    • 34 Horizontal Mississippian Permits | 21 Horizontal Woodford Permits
    • 26 Currently being Drilled (11 Horizontal Mississippian | 7 Horizontal Woodford)
  • 27 Offset Active Rigs in Blaine, Custer, Dewey, Ellis and Roger Mills Counties
  • Select Area Operators:
    • EOG Resources Inc.
    • FourPoint Energy, LLC
    • PPP Petroleum LP
    • Valpoint Operating LLC
    • White Star Petroleum II LLC

Bids are due at 4 p.m. CST Aug. 22. For information visit energynet.com or contact Denna Arias, director of transactions and business development for EnergyNet, at 832-403-3125 or Denna.Arias@energynet.com.