Marketed: Bull Moose Royalties, Whitetail Minerals D-J Basin Assets

Transaction Type
Sellers
Marketers
Basin
D-J Basin
Announce Date
Post Date
Close Date
Estimated Price
MM
Description

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.

Bull Moose Royalties LLC and Whitetail Minerals LLC retained EnergyNet for the sale of packages of Colorado assets in the Denver-Julesburg (D-J) Basin through auctions closing June 11-13.

The offer, comprised of four packages, consists of producing and non-producing minerals plus royalty interest located in Adams, Arapahoe and Denver counties, Colo.

For complete due diligence information energynet.com or email Ryan Dobbs, vice president of business development, at Ryan.Dobbs@energynet.com, or Denna Arias, director of transaction management, at Denna.Arias@energynet.com.

Lot 56464

EnergyNet has been retained by Bull Moose Royalties and Whitetail Minerals to offer for sale producing and non-producing minerals (155.9053 net mineral acres) located in Arapahoe County, Colo.

Highlights:

  • 155.9053 Net Minerals Acres
    • 6.970313% to 0.133462% Royalty Interest in Four Producing Horizontal Wells - UPDATE
    • Six-Month Average 8/8ths Production: 161 barrels per day (bbl/d) of Oil and 385,000 cubic feet per day of Gas - UPDATE
    • Operators include Axis Exploration LLC and ConocoPhillips Co.
  • One Offset Rig
  • 131 Offset Permits
    • 14 Active | 18 Drilled | Two Drilling | 96 Permitted
  • 61 Active Offset Producers
    • 52 Niobrara | Eight J Sand | One D Sand
  • Select Area Operators include Axis Exploration, ConocoPhillips, K P Kauffman Co. Inc. and Poncho Production Co.

Bids are due by 2:40 p.m. CDT June 11.

Lot 56463

EnergyNet has been retained by Bull Moose Royalties and Whitetail Minerals to offer for sale a six-well package (producing mineral interest/royalty interest - 70.9039 net mineral acres) located in Arapahoe County, Colo.

Highlights:

  • 70.9039 Net Mineral Acres
  • 0.717775% to 0.047861% Royalty Interest in Six Wells
  • Five Producing Wells | One Shut-In Well
  • Seven Horizontal Wells Drilling
  • 16 Approved Permits
  • Eight Pending Permits
  • Six-Month Average 8/8ths Production: 287 bbl/d of Oil and 754,000 cubic feet per day of Gas
  • December 2018 Net Income: $884
  • Operators include Axis Exploration, Burlington Resources Oil & Gas LP and ConocoPhillips

Bids are due by 2:20 p.m. CDT June 13.

Lot 56461

EnergyNet has been retained by Bull Moose Royalties to offer for sale non-producing leased minerals (122.4091 net mineral acres) located in Adams and Denver counties, Colo.

Highlights:

  • 122.4091 Net Non-Producing Minerals Subject to Lease
    • 17.00% - 20.00% Royalty Interest
    • Three Year Term - Various Expirations
    • Four Wells Currently Being Drilled (King Wells)
  • 152 Offset Permits
    • 15 Active | 12 Drilled | 125 Permitted
  • 37 Active Offset Producers
    • 27 Niobrara | Six J Sand | Four D Sand
  • Select Area Operators include Axis Exploration, Bison Exploration LLC, Burlington Resources Oil & Gas and GMT Exploration Co. LLC

Bids are due by 2:25 p.m. CDT June 13.

Lot 56462

EnergyNet has been retained by Bull Moose Royalties and Whitetail Minerals to offer for sale producing and non-producing minerals (35.5984 net mineral acres) located in Arapahoe County, Colo.

This lot contains producing and non-producing minerals (35.5984 net mineral acres) located in six tracts of land in Arapahoe County, Colo., containing 1,656.51 gross acres, more or less.

Bids are due by 2:30 p.m. CDT June 13.

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