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.
Kaiser-Francis Oil Co. retained EnergyNet for the sale of an operated package of assets in Oklahoma’s Ellis County through an auction closing Dec. 2.
The offering includes 20 wells with operations plus about 2,322 net leasehold acres.
Highlights:
- Operated Working Interest in 20 Wells (Eight Wellbore Only):
- 99.384% to 25.7088% Working Interest / 85.5255% to 21.5655% Net Revenue Interest (Before Payout)
- Nine Producing Wells | Six Non-Producing Wells | Five Temporarily Abandoned Wells
- Six-Month Average 8/8ths Production: 474,000 cf/d of Gas and 6 bbl/d of Oil
- 11-Month Average Net Cash Flow: $4,536 per Month
- About 2,322.00 Net Leasehold Acres
- Click here to view Package Overview
- Operator Bond Required
- Further Subject to Oklahoma State Sales Tax
Bids are due 1:30 p.m. CT Dec. 2. For complete due diligence information visit energynet.com or email Ethan House, vice president of business development, at Ethan.House@energynet.com, or Denna Arias, vice president of corporate development, at Denna.Arias@energynet.com.
Recommended Reading
Utility, Clean Energy Company Allete to Go Private in $6.2B Deal
2024-05-06 - The Minnesota-based utility said on May 6 it agreed to be acquired by a partnership led by Canada Pension Plan Investment Board and Global Infrastructure Partners.
SunPower Appoints Garzolini as Executive VP, Chief Revenue Officer
2024-03-14 - Tony Garzolini will oversee SunPower’s sales, including the direct, dealer and new homes channels, along with pricing and demand generation.
Vision RNG Expands Leadership Team
2024-05-01 - Vision RNG named Adam Beck as vice president of project execution, Doug Prechter as vice president of finance and Beckie Dille as HR manager.
Bobby Tudor on Capital Access and Oil, Gas Participation in the Energy Transition
2024-04-05 - Bobby Tudor, the founder and CEO of Artemis Energy Partners, says while public companies are generating cash, private equity firms in the upstream business are facing more difficulties raising new funds, in this Hart Energy Exclusive interview.
OGInterview: Building EIV Capital’s Midstream Investment Strategy
2024-05-01 - Midstream-focused EIV Capital has added non-operated assets and transition projects to its portfolio as a sign of the times.