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.
Jalapeño Corp. retained EnergyNet as its exclusive adviser to market its interest within the Permian Basin located in Eddy and Lea counties, N.M.
The sale consists of two sealed-bid offerings of HBP leasehold and nonoperating working interest in producing and non-producing wells. Operators include Matador Production Co., Read & Stevens Inc. and Yates Energy Corp.
Bids are due by 4 p.m. CST July 11. For information visit energynet.com or contact Lindsay Ballard, vice president of business development in the Permian Basin, at Lindsay.Ballard@energynet.com or 432-547-0424 and Denna K. Arias, director of transactions and business development, at Denna.Arias@energynet.com or 832-403-3125.
Eddy County, N.M.
Jalapeño Corp. is selling its HBP leasehold position covering 401.89 net acres plus its nonoperated working interest in the wellbores of four wells, all located in Eddy.
Property Highlights:
- 401.89 Net HBP Leasehold Acres
- Delivering 72% to 75% NRI
- 93.30% of Acreage Delivered at 75% NRI
- Limited from the top of the Bone Spring Formation to the base of the Wolfcamp Formation
- Delivering 72% to 75% NRI
- 471 Active Offset Permits
- Select Area Operators:
- Apache Corp.
- Chevron U.S.A. Inc.
- ConocoPhillps Co.
- Devon Energy Production Co. LP
- Marathon Oil Permian LLC
- Matador Resources Co.
- OXY USA Inc.
- Nonoperated WI in the wellbores of four wells:
- 3.98246% to 10.984632% WI / 2.986845% to 8.238474% NRI
- 3 Producing Wells | 1 Non-Producing Well
- Operators:
- Matador Production Co.
- Read & Stevens Inc.
- Yates Energy Corp.
Lea County, N.M.
Jalapeño Corp. is selling its HBP leasehold position covering 108.31 net acres plus its nonoperated working interest in the wellbores of 35 wells, all located in Lea.
Property Highlights:
- 108.31 Net HBP Leasehold Acres
- Delivering 75% NRI
- Limited from the top of the Bone Spring Formation to the base of the Wolfcamp Formation
- 1,346 Active Offset Permits
- Select Area Operators:
- Apache Corp.
- Chevron U.S.A. Inc.
- ConocoPhillps Co.
- Linn Operating LLC
- Mewbourne Oil Co.
- XTO Energy Inc.
- Nonoperated WI in the Wellbores of 35 Producing Wells:
- 1.222925% to 9.040034% WI / 0.917194% to 6.780025% NRI
- Operators: Matador Production Co. and Yates Energy Corp.
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