Marketed: Caddo Minerals Permian Package, Howard And Martin Counties
Transaction Type
Sellers
Marketers
Basin
Permian 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.
Caddo Minerals Inc. retained EnergyNet as agent for Bluestem Royalty Partners LP for the sale of a Permian package in an auction closing Sept. 24.
The offering comprises of mineral and royalty interests located in Howard and Martin counties, Texas.
Highlights:
- 0.270359% Royalty Interest and a 0.317173% Non-Producing Royalty Interest in the Producing Duke Unit
- 0.118194% Royalty Interest in the Producing Hamilton 26 Unit
- Six-Month Average 8/8ths Production: 2,272 barrels per day of Oil and 3.500 million cubic feet per day of Gas
- 10-Month Average Net Income: $30,554 per Month
- Operator: SM Energy Co.
Bids are due by 3:55 p.m. CDT Sept. 24. For complete due diligence information energynet.com or email Heidi Epstein, manager of business development, at Heidi.Epstein@energynet.com, or Denna Arias, director of transaction management, at Denna.Arias@energynet.com.