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 Wyoming Niobrara/Codell Sand assets in Laramie County through a sealed-bid offering closing May 15.
Highlights:
- 1,378.3233 Net Non-Producing Leasehold Acres
- 100% of Oil and Gas Leases (Delivering an 85.00% to 54.166667% Net Revenue Interest)
- One Active Offset Rig
- 861 Offset Permits (356 Horizontal Codell/Codell Sand | 481 Horizontal Niobrara)
- 48 Active | Three Completed | 287 in Confidential Status | 31 Drilled/Drilling | 492 Permitted
- 300 Active Offset Producers
- 227 Horizontal Codell Sand | 70 Horizontal Niobrara
- Select Area Operators include Anadarko E&P Onshore LLC, EOG Resources Inc., Samson Exploration LLC and Ward Petroleum Corp.
Bids are due by 4 p.m. CDT May 15. For complete due diligence information energynet.com or email Ethan House, vice president of business development, at Ethan.House@energynet.com, or Denna Arias, director of transaction management, at Denna.Arias@energynet.com.
Recommended Reading
Enbridge Sells Off NGL Pipeline, Assets to Pembina for $2.9B
2024-04-01 - With its deal to buy Enbridge’s NGL assets closed, Canada's Pembina Pipeline raised EBITDA guidance for 2024.
Plains All American Names Michelle Podavin Midstream Canada President
2024-03-05 - Michelle Podavin, who currently serves as senior vice president of NGL commercial assets for Plains Midstream Canada, will become president of the business unit in June.
Energy Transfer Remains Hungry for M&A, Sees 1Q Oil Volumes Surge
2024-05-09 - Energy Transfer reported record first-quarter crude volumes and expects demand for petrochemicals to continue rising.
ONEOK to Expand NGL Network Around Houston Through $280MM Acquisition
2024-05-13 - Easton Energy is agreeing to sell 450 miles of lines along Southeast Texas coast to ONEOK.
Targa Expects Another Major Permian Pipeline Project This Year
2024-05-03 - Targa Resources says different projects are falling in place for gas capacity expansion