Marketed: D-J Basin Minerals, Arapahoe County, Colorado
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 minerals assets within Colorado's Denver-Julesburg (D-J) Basin through an auction ending May 7.
The offer comprises non-producing minerals including 147.7704 net mineral acres located in Arapahoe County, Colo.
Highlights:
- 6,390.64 Gross (147.7704 Net) Mineral Acres
- Subject to Current Oil and Gas Leases Expiring Fourth-Quarter 2019 thru Fourth-Quarter 2021
- 135.0076 Net Mineral Acres have Two-Year Options to Extend
- 20.00% to 17.00% Royalty Interest
- Subject to Current Oil and Gas Leases Expiring Fourth-Quarter 2019 thru Fourth-Quarter 2021
- One Offset Active Rig
- 129 Active Offset Permits:
- 13 Active | Eight Drilled/Drilling | 108 Permitted
- 66 Active Offset Wells (33 Horizontal Niobrara)
- Offset Operators include Axis Exploration LLC, Burlington Resources Oil & Gas LP, ConocoPhillips Co., Highlands Natural Resources Corp. and Legacy Oil & Gas Inc.
Bids are due by 2:55 p.m. CDT May 7. 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.