Marketed: XTO Energy Operated Permian Basin Well Package

Transaction Type
Sellers
Marketers
Basin
Permian Basin
Announce Date
Post Date
Close Date
Room Opening Date
Estimated Price
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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.

XTO Energy Inc. selected EnergyNet as the exclusive adviser to market a Permian Basin operated opportunity located in Loving and Winkler counties, Texas, through a sealed-bid process closing Sept. 15.

The offering includes operations in 10 wells plus a contiguous acreage position covering 2,720 gross (1,234.92 net) HBP leasehold acres ideal for extended laterals in the Bone Spring and Wolfcamp formations, according to EnergyNet. Offset operators include Concho Resources Inc., Occidental Petroleum Corp., Royal Dutch Shell Plc, WPX Energy Inc. and EOG Resources Inc.

Bids are due by 4 p.m. CT Sept. 15. The sale is expected to have an Oct. 1 effective date.

A data room is available. For complete due diligence information visit energynet.com or email Cody Felton, vice president of business development, at Cody.Felton@energynet.com, or Denna Arias, vice president of corporate development, at Denna.Arias@energynet.com.

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