Marketed: Permian Basin Mineral Interest, Reeves County, Texas

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.

TOC Holdings LLC retained EnergyNet for the sale of Permian Basin minerals in Reeves County, Texas, through an auction closing May 2.

The offer comprises non-producing leased minerals (mineral classified) and surface interest includes assets offset by producing wells operated by Anadarko Petroleum Corp., Cimarex Energy Co., EOG Resources Inc. and others. 

Highlights:

  • Section 44, Block 56, PSL Survey, A-5982
    • 80.00 Gross / Net Non-Producing Minerals Subject to Lease
    • Minerals Classified
    • 25.00% Royalty
    • Lessee: Atlantic Resources Holding Co. LLC
  • Section 31, Block 56, PSL Survey, A-5983
    • 40.00 Gross / Net Non-Producing Minerals Subject to Lease
    • Minerals Classified
    • 25.00% Royalty
    • Lessee: Atlantic Resources Holding Co. LLC
  • One Offset Rig
  • 146 Offset Permits
    • 48 Active | Four Completed | 19 Drilled/Drilling | 57 Permitted
  • 141 Active Offset Producers
    • 138 Horizontal Wolfcamp | Two Horizontal Silurian
  • Select Area Operators include Anadarko E & P Onshore LLC, Cimarex Energy Co., EOG Resources Inc., Jetta Permian LP and Three Rivers Operating Co. III LLC

Bids are due by 2:25 p.m. CDT May 2. 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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