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.
Nye Oil LLC has retained EnergyNet for the sale of a 27-property package in Frio and La Salle counties, Texas. The lot# 115876 package includes a six- month average net income of $4,659 per month.
Opportunity highlights:
- Overriding Royalty Interest in 27 Properties (95 Wells):
- Avg ORRI ~0.85%
- Operator Planning on More Wells with 500ft Spacing | Refrac in Multiple Wells
- 6-Month Average (July 2023 - December 2023):
- 8/8ths Production: 2,184 bbl/d and 2,738 cf/d
- Net Production: 17 bbl/d and 22 cf/d
- 6-Month Average Net Income: $42,659/Month
Operator: Cheyenne Petroleum Company
Bids are due April 4 at 1:30 p.m. CDT. For complete due diligence, please visit energynet.com, or email Cody Felton, managing director, at Cody.Felton@energynet.com, or Jewell Arias, buyer relations, at Jewell.Arias@energynet.com.
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