TriPower Resources LLC

Transaction Type
Sellers
Marketers
Post Date
Close Date
Estimated Price
MM
Description

TriPower Resources LLC retained Oil & Gas Asset Clearinghouse to sell producing properties, leasehold and mineral acreage within multiple fields in Ellis County, Okla.

Highlights:

  • 7,200 gross acres, 158 net leasehold acres and 83.8 net mineral acres
  • Net production of about 16 bbl/d of oil and 93 Mcf/d of gas
  • Average monthly net cash flow of about $20,133 (January-March)
  • Working interest from 0.3125%-4.9129%
  • Net revenue interest from 0.2438%-3.8119%
  • Royalty interest from 0.0094%-0.3367%
  • Operators include FourPoint Energy, Jones Energy, Latino Oil & Gas and Questa Energy

Sealed-bids are due July 31. For information visit ogclearinghouse.com or contact Patrick DaPra, vice president of negotiated transactions for Clearinghouse, at pdapra@ogclearinghouse.com or 832-601-7655.