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.
Sue-Ann Operating L.C. et al retained EnergyNet for the sale of its non-operated working interest in the North Penwell Unit in Ector County, Texas. The Lot# 103938 package includes a six-month average net income of $33,456/month from the unit, operated by Founders Oil & Gas Operating LLC.
Opportunity highlights:
- Non-Operated Working Interest in the North Penwell Unit:
- 18.93599% WI / Various Tract NRIs
- 6-Month Average Net Income: $33,456/Month
- 6-Month Average 8/8ths Production: 184 BOPD and 16 MCFPD
- Operator: Founders Oil & Gas Operating, LLC
Bids are due at 1:45 p.m. CDT on Feb. 2. For complete due diligence information, please visit energynet.com or email Cody Felton, managing director, at Cody.Felton@energynet.com or Jewell Arias, buyer relations/transactions manager, at Jewell.Arias@energynet.com.
Recommended Reading
Equinor Brings Solar Plant Online in Brazil
2024-03-08 - Equinor says the Mendubim solar plant will produce 1.2 terawatt hours of power annually.
EQT, Equinor Agree to Massive Appalachia Acreage Swap
2024-04-15 - Equinor will part with its operated assets in the Marcellus and Utica Shale and pay $500 million to EQT in exchange for 40% of EQT’s non-operated assets in the Northern Marcellus Shale.
EQT Strengthens Appalachian Position in Swap with Equinor
2024-04-16 - EQT, the largest natural gas producer in the U.S., is taking greater control of the production chain with its latest move.
Equinor Acquires Stake in Standard Lithium Smackover Projects
2024-05-08 - Equinor’s transaction, completed effective May 7, includes interests in Standard Lithium’s flagship South West Arkansas Project and East Texas properties.
Talos Energy Sells CCS Business to TotalEnergies
2024-03-18 - TotalEnergies’ acquisition targets Talos Energy’s Bayou Bend project, and the French company plans to sell off the remainder of Talos’ carbon capture and sequestration portfolio in Texas and Louisiana.