Marketed: Sage Natural Resources 34 Well Package in Tarrant, Wise Counties, Texas

Transaction Type
Sellers
Marketers
Post Date
Close Date
Estimated Price
MM
Description

Sage Natural Resources LLC retained EnergyNet for the sale of a 34 package (ORRI) in Tarrant and Wise counties, Texas. The Lot#114737 package includes a 6- month average net income of $298,277 per month.

Opportunity highlights:

  • Overriding Royalty Interest in 34 Wells:
    • 10.00% ORRI in 5 Wells
    • 3.00% ORRI in 29 Wells
    • Wellbore Only
  • 6-Month Average Net Income: $298,277/Month
  • 6-Month Average 8/8ths Production: 41,488 MCFPD and 438 BOPD
  • 6-Month Average Net Production: 1,963 MCFPD and 35 BOPD

Operator: Sage Natural Resources LLC

Bids are due Feb. 15 at 2 p.m. CST. For complete due diligence, please visit energynet.com or email Ethan House, managing director, at Ethan.House@energynet.com, or Jessica Scott, buyer relations, at Jessica.Scott@energynet.com.