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.
Chaparral Energy LLC retained EnergyNet to sell oil and gas assets in the South Oklahoma Folded Belt Basin through a sealed-bid offering.
The offer includes operated working interests, nonoperated working interests, royalty and overriding royalty interests in 46 properties plus associated leasehold acreage located in Stephens County, Okla.
Property Highlights:
- Operated Working Interest:
- 37.50% to 100.00% WI / 32.299802% to 87.50% NRI
- Additional 0.155009% RI in the Thomasson Sand Unit
- Eight Producing Properties (Multiple Wells) | One Shut-In Well
- Nonoperated Working Interest:
- 0.9623% to 31.54348% WI / 0.8415% to 22.585412% NRI
- Additional RIs in the Eiser #1-30 and North Alma Penn Unit Wells
- Additional 1.70625% ORRI in the Nix #1 Well
- 19 Producing Properties (Multiple Wells) | One Shut-In Well
- Select Operators:
- Citation Oil and Gas Corp.
- Mack Energy Co.
- Merit Energy Ltd.
- Phoenix Petrocorp Inc.
- Overriding Royalty Interest:
- 0.000114% to 3.912129% ORRI
- 16 Producing Wells | One Shut-In Well
- Operators:
- Chevron U.S.A. Inc.
- Cimarex Energy Co.
- Citation Oil and Gas Corp.
- Marathon Oil Co.
- Territory Resources LLC
- 6,943.18 HBP Leasehold Acres
- 6,526.93 Net Developed Acres
- 416.25 Net Undeveloped Acres
- Six-Month Average 8/8ths Production: 1,202 bbl/d of Oil and 4,458 Mcf/d of Gas
- Six-Month Average Net Income: $50,997/Month
Bids are due at 4 p.m. CST Aug. 22. For complete due diligence information visit energynet.com or email Ethan House, vice president of business development for EnergyNet, at Ethan.House@energynet.com. For further questions contact Denna Arias, director of transactions and business development for EnergyNet, at 832-403-3125 or Denna.Arias@energynet.com.
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