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.
An undisclosed seller has retained EnergyNet for the sale of a Mississippian play opportunity in the Bennet 0607-22-27-1MXH in Grady County, Oklahoma. The lot# 116405 package includes eight offset permits and 530 active offset producers.
Opportunity Highlights:
- Wellbore Only in the Bennett 0607-22-27-1MXH:
- 0.30% WI / 0.23% NRI
- Projected Formation: Mississippian
- Total Participation Cost: $44,797.04
- Sellers Have Elected to Participate
- Operator: Camino Natural Resources, LLC
- Eight Offset Permits
- New Drill: 8 DUC
- 530 Active Offset Producers
- Select Offset Operators:
- Continental Resources, Inc.
- Marathon Oil Co.
- Unit Petroleum Co.
Bids are due May 8 at 4 p.m. CDT. For complete due diligence, please visit energynet.com or email Emily McGinley, managing director, at Emily.McGinley@energynet.com, or Jessica Scott, buyer relations, at Jessica.Scott@energynet.com.
Recommended Reading
CEO: Coterra ‘Deeply Curious’ on M&A Amid E&P Consolidation Wave
2024-02-26 - Coterra Energy has yet to get in on the large-scale M&A wave sweeping across the Lower 48—but CEO Tom Jorden said Coterra is keeping an eye on acquisition opportunities.
Baker Hughes Awarded Saudi Pipeline Technology Contract
2024-04-23 - Baker Hughes will supply centrifugal compressors for Saudi Arabia’s new pipeline system, which aims to increase gas distribution across the kingdom and reduce carbon emissions
E&P Earnings Season Proves Up Stronger Efficiencies, Profits
2024-04-04 - The 2024 outlook for E&Ps largely surprises to the upside with conservative budgets and steady volumes.
Equitrans Midstream Announces Quarterly Dividends
2024-04-23 - Equitrans' dividends will be paid on May 15 to all applicable ETRN shareholders of record at the close of business on May 7.
PrairieSky Adds $6.4MM in Mannville Royalty Interests, Reduces Debt
2024-04-23 - PrairieSky Royalty said the acquisition was funded with excess earnings from the CA$83 million (US$60.75 million) generated from operations.