Marketed: Sabine Oil & Gas Marcellus Shale ORRI

Transaction Type
Sellers
Marketers
Basin
Appalachian Basin; Marcellus Shale
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.

Sabine Oil & Gas Corp. retained EnergyNet for the sale of Marcellus Shale assets in West Virginia within the Appalachian Basin through an auction.

The offer comprises overriding royalty interest (ORRI) in 18 wells located in Harrison and Doddridge counties, W.Va, operated by Antero Resources Corp.

Highlights:

  • 17 Active Marcellus Shale Horizontal Wells
    • 2.417214% to 0.107996% ORRI
  • Six-Month Average 8/8ths Production: 31.092 million cubic feet per day of Gas and 0.48 barrels per day of Oil
  • 12-Month Average Net income: $22,726 per month
  • Operated by Antero Resources Corp.

Bids are due at 2:30 p.m. CDT April 23. 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.