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.
Canyon Creek Energy - Arkoma LLC et al retained EnergyNet for the sale of a two-well package in Oklahoma’s Hughes County.
Opportunity Highlights:
- Operated Working Interest in Two Producing Horizontal Wells:
- Average Working Interest ~98.9514% / Average Net Revenue Interest ~79.57%
- Six-Month Average 8/8ths Production: 1,058 Mcf/d
- Six-Month Average Net Production: 842 Mcf/d
- Nine-Month Average Net Income: $61,055/Month
- Operator Bond Required
- Further Subject to Oklahoma State Sales Tax
- Mortgage to be Released at Closing
Bids are due for Lot# 90764 at 3:05 p.m. CDT on Dec. 7. For complete due diligence information visit energynet.com or email Emily McGinley, director, at Emily.McGinley@energynet.com, or Denna Arias, executive director of acquisitions and divestments, at Denna.Arias@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.
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.
Exclusive: Is TG Natural Resources Looking to Snap Up More?
2024-03-27 - At Hart Energy's DUG Gas+ Conference and Expo in Shreveport, Louisiana, TG Natural Resources' President and CEO Craig Jarchow said the integration of the Rockcliff Energy acquisition is well underway and that "being acquisitive is certainly" in the company's future.