Marketed: North Texas Oil & Gas Throckmorton County Property

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.

North Texas Oil & Gas LLC retained EnergyNet for the sale of producing assets in Throckmorton County, Texas, through a sealed-bid offering closing May 15.

The offer included interest in producing wells plus leasehold acreage generated more than $500,000 in cash flow a month.

Highlights:

  • 100.00% Working Interest / 80.00% to 75.00% Net Revenue Interest in 25 Wells
  • Six-Month Average 8/8ths Production: 333 barrels per day of Oil and 3.043 million cubic feet per day of Gas
  • 12-Month Average Net Income: $521,602 per Month
  • 12,335.00 Net Leasehold Acres

Bids are due by 4 p.m. CDT May 15. For complete due diligence information energynet.com or email Cody Felton, vice president of business development, at Cody.Felton@energynet.com, or Denna Arias, director of transaction management, at Denna.Arias@energynet.com.

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