Marketed Denver Julesburg Basin Leasehold Position Kaiser Francis Oil EnergyNet

Kaiser-Francis Oil Co. is selling its Denver-Julesburg Basin leasehold position plus a nonoperating stake in more than 600 wells through a sealed-bid offering handled by EnergyNet.

The offer includes a leasehold position covering about 14,961 net acres and working interest in Codell and Niobrara permitted wells in the South Silo Field in Laramie County, Wyo., and Weld County, Colo.

Highlights:

  • 14,961 net leasehold acres (delivering about 80% net revenue interest);
    • 14,076 net term leasehold acres;
    • 885 net HBP acres;Marketed Denver Julesburg Basin Leasehold Position Kaiser Francis Oil EnergyNet Offset Producers Chart
  • 614 permitted wells;
    • 287 Codell and 327 Niobrara;
      • 610 permits in Laramie;
      • Four permits in Weld;
    • 355 horizontal wells;
    • 543 permits in the previous 12 months; and
  • Area operators include Anadarko E&P Onshore LLC, Barrett Bill Corp. (NYSE: BBG), EOG Resources Inc. (NYSE: EOG), Kaiser-Francis and Samson Exploration LLC.

Bids are due 4 p.m. CT May 31. For information visit energynet.com or contact EnergyNet's Denna Arias at 281-949-8463.