Marketed: Chisholm Operated North-Central Texas Package

Transaction Type
Sellers
Marketers
Basin
North Texas
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.

Chisholm Operating Inc. retained EnergyNet for the sale of operated assets in the North-Central Texas region through an auction closing May 8.

The offer includes operated interest in the Anderson, Pickens and Pickens A leases including seven wells in Foard County, Texas.

Highlights:

  • 81.50% Working Interest / 63.334415% Net Revenue Interest in the Pickens Lease
    • Three Producing Wells
  • 81.50% Working Interest / 61.125% Net Revenue Interest in the Pickens "A" Lease
    • One Producing Well
  • 77.80% Working Interest / 58.35% Net Revenue Interest in the Anderson Lease
    • Two Producing Wells | One Active Injection Well
  • 12-Month Average Net Income: $18,742 per Month
  • Six-Month Average 8/8ths Production: 29 barrels per day of Oil

Bids are due by 2:30 p.m. CDT May 8. For complete due diligence information energynet.com or email Lindsay Ballard, vice president of business development, at Lindsay.Ballard@energynet.com, or Denna Arias, director of transaction management, at Denna.Arias@energynet.com.

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