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.
Trove Energy LLC retained EnergyNet for the sale of non-producing federal leasehold acreage within the Delaware Basin in Eddy County, N.M., through a sealed-bid offering.
Highlights:
- 320.00 Gross / Net Non-Producing Federal Leasehold Acres
- 100% of OGL's (Delivering 86.50% / 83.50% Net Revenue Interest)
- Trove Development Area
- 1/8th Royalty Burden
- 18 Offset Rigs
- 733 Offset Permits
- 106 Active | 25 Drilled/Drilling | 602 Permitted
- 2,729 Active Offset Producers
- 720 Horizontal Bone Spring | 102 Horizontal Delaware | 40 Horizontal Wolfcamp
- Area Operators include Apache Corp., Chevron U.S.A. Inc., COG Operating LLC, Devon Energy Production Co. LP, EOG Resources Inc. and XTO Energy Inc.
Bids are due by 4 p.m. CST Feb. 20. For complete due diligence information visit energynet.com or email Lindsay Ballard, vice president of business development, at Lindsay.Ballard@energynet.com.
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