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.

Wexpro Development Co. is offering for sale certain oil and gas properties and related assets located in the South Moxa Arch in Uinta County, Wyo. EnergyNet was retained as the company’s exclusive adviser to assist with this transaction.

Wexpro South Moxa Arch Asset Map (Source: EnergyNet)

Wexpro Development Co. Lot 50748 Property Highlights:

  • 62,723.2302 Net Non-Producing Leasehold Acres
  • 100% of OGL's (Delivering 80.00% NRI)
  • 12.50% Royalty Interest and 7.50% Overriding Royalty Interest Burden
  • See Lease Information for Term and Expiration Information
  • One Proposed Caddis Unit Well
  • Area Operators:
    • Anadarko E&P Onshore LLC
    • Breitburn Operating LP
    • Hilcorp Energy Co.
    • Wexpro Co.

Upside Potential:

South Moxa Horizontal Frontier Oil Project (provided by Seller)

  • Frontier Oil Tests (Production Ranges From 56 to 200 Mboe)
  • Frontier Target Depth about 13,000 ft TVD
  • Reservoir & Volume Estimates Based on Existing Productive Wells:
    • Thickness: 30 ft to 40 ft
    • Porosity: 6% to 12%
    • Permeability: 0.01 to 1mD
    • Sw: 40% to 50%
    • Water Yield: 15 to 40 bbl of Water/Mboe
    • Current Oil Yield: 1,450 bbl of Oil/Ac
    • Recovery at 320 Acre Spacing - 464,000 bbl of Oil/Well

Wexpro develops and produces gas reserves on behalf of utility company Dominion Energy Inc.

For information visit energynet.com or contact Denna Arias, director of transactions and business development for EnergyNet, at 832-403-3125 or Denna.Arias@energynet.com.

Onshore