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.
Paloma Natural Gas has retained EnergyNet for the sale of a Eagle Ford/ Buda opportunity in Frio County, Texas. The lot# 115411 package includes 43 offset permits and 151 active offset producers.
Opportunity highlights:
- 4,303.00 Net Leasehold Acres
- 4,149.0819 HBP Fee Acres
- Depth Limited to Eagle Ford Shale and Buda Formations
- 43 Offset Permits
- New Drill: 35 Active | 8 DUC
- 151 Active Offset Producers
- Select Area Operators:
- Cheyenne Petroleum, Inc.
- Javelin Energy Partners Mgmt LLC
- Rosewood Resources, Inc.
- Trinity Operating (USG), LLC
Bids are due Feb. 21 at 4 p.m. CST. For complete due diligence, please visit energynet.com, or email Cody Felton, managing director, at Cody.Felton@energynet.com.
Recommended Reading
Seadrill Sells Three Jackups for $338MM to Gulf Drilling International
2024-05-17 - Seadrill Ltd. is also selling its 50% equity interest in the joint venture that operates the rigs offshore Qatar.
Could Crescent, SilverBow Buy More in South Texas After $2.1B Deal?
2024-05-17 - The combination of Crescent Energy and SilverBow Resources will yield one of the Eagle Ford’s top producers—and the pro forma E&P could look to gobble up more acreage in South Texas after closing.
Permian Powerhouse: Apache Doubles Down on Core Assets After Callon Acquisition
2024-05-16 - Apache CEO John Christmann detailed plans for the Permian Basin and Suriname during the SUPER DUG Conference & Expo.
Crescent Energy to Buy Eagle Ford’s SilverBow for $2.1 Billion
2024-05-16 - Crescent Energy’s acquisition of SilverBow Resources will create the second largest Eagle Ford Shale E&P with production of about 250,000 boe/d, the companies said.
Diamondback’s Van’t Hof Plays Coy on Potential Delaware Divestiture
2024-05-16 - Diamondback Energy’s President and CFO Kaes Van't Hof also addressed new Permian exploration and the lack of “fun” dealing with the FTC on its deal to buy Endeavor Energy Resources.