The following information is provided by Oil & Gas Asset Clearinghouse LLC. All inquiries on the following listings should be directed to Clearinghouse. Hart Energy is not a brokerage firm and does not endorse or facilitate any transactions.
The offer includes 5,794 net mineral acres HBP in the Greentown Field in Grand County, Utah.
- Working Interest 85% to 100%, Net Revenue Interest 67.5% to 87.5%, Royalty Interest 12.5% to 16.6% and Overriding Royalty Interest 0.3% to 5%
- Selling leasehold, existing wellbores, and a gathering system with a gas plant
- Two additional wellbores completed and waiting for connection
- Currently monthly cash flow of about $8,000 for transmitting gas in their line
- Average monthly net cash flow of about $10,300 (January through December 2018)
- Sale subject to “first right of refusal” under the pipeline transportation agreement