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.
Anschutz Exploration Corp. retained EnergyNet for the sale of a Powder River Basin property package located in Wyoming's Campbell County through a sealed-bid offering closing March 18.
Highlights:
- 15,115.69 Net HBP Leasehold Acres
- Operated Working Interests in Four Producing Wells:
- 34.277% Working Interest / 27.4216% Net Revenue Interest
- Non-Operated Working Interest in 49 Producing Properties (Multiple Wells):
- 34.440522% to 0.000021% Working Interest / 27.5524% to 0.000018% Net Revenue Interest
- An Additional Overriding Interest in 20 Properties
- Select Operators include Ballard Petroleum Holdings LLC, Devon Energy Production Co. LP, EOG Y Resources Inc. and Petro-Hunt LLC
- Last Full Production Month Net Production: 225 barrels per day (bbl/d) of Oil and 632,000 cubic feet per day of Gas
- Current Average 8/8ths Production: 5,577 bbl/d of Oil and 9.595 million cubic feet per day of Gas
- 10-Month Average Net Cash Flow: $223,337 per Month
Bids are due by 4 p.m. CST March 18. For complete due diligence information visit energynet.com or email Ryan P. Dobbs, vice president of business development, at Ryan.Dobbs@energynet.com, or Denna Arias, vice president of corporate development, at Denna.Arias@energynet.com.
Recommended Reading
Decoding the Delaware: How E&Ps Are Unlocking the Future
2024-05-01 - The basin is deeper, gassier, more geologically complex and more remote than the Midland Basin to the east. But the Delaware is too sweet of a prize to pass up for many of the nation’s top oil and gas producers.
Chevron CEO: Permian, D-J Basin Production Fuels US Output Growth
2024-04-29 - Chevron continues to prioritize Permian Basin investment for new production and is seeing D-J Basin growth after closing its $6.3 billion acquisition of PDC Energy last year, CEO Mike Wirth said.
Life on the Edge: Surge of Activity Ignites the Northern Midland Basin
2024-04-03 - Once a company with low outside expectations, Surge Energy is now a premier private producer in one of the world’s top shale plays.
Enverus: 1Q Upstream Deals Hit $51B, but Consolidation is Slowing
2024-04-23 - Oil and gas dealmaking continued at a high clip in the first quarter, especially in the Permian Basin. But a thinning list of potential takeout targets, and an invigorated Federal Trade Commission, are chilling the red-hot M&A market.
Gulfport Plans Liquids-rich Program After ‘Strong’ Ohio Oil Tests
2024-05-01 - Appalachia gas producer Gulfport Energy continues to report “strong oil production” from a two-well Hendershot pad drilled in eastern Ohio last year. Gulfport plans to develop additional liquids-rich opportunities this year as natural gas prices hover near record lows.