oil & gas assets
EnergyNet Inc Acreage & Minerals For Lease

L 2386AU SOLD BY AUCTION

Acreage & Minerals For Lease
* All Standard Disclaimers Apply & Seller Rights Retained

PERMIAN BASIN LEASEHOLD

Covers 638.72-Net & Gross HBP Acres.
LEA COUNTY, NEW MEXICO
82-Permits & 890-Producers Offsetting.
Delivers 75% NRI
AUCTION CLOSED SEPT 2019
L 2386AU

Onshore Land Base
Unconventional Play Type
ENERGYNET INC - BROLLIER ENTERPRISES LLC

Deal Summary

Brollier Enterprises LLC has retained EnergyNet Inc to assist in the sale of certain Permian basin acreage in New Mexico, according to media articles dated 11-Sep-2019. The auction will open on 11-Sep-2019 and closes on 18-Sep-2019.

Highlights:
-- Located in Lea Co., NM;
-- Covers 638.72 gross/net non-producing HBP leasehold acres (12.5% royalty);
-- Delivers 75% NRI;
-- Offset area includes 1 rig, 82 permits (15 active, 3 completed, 12 drilled/drilling, 48 permitted) and 890 active producers (207 Bone Spring Wolfcamp, 37 Delaware, 352 Grayburg-San Andres, 150 Yates);
-- Select area operators: Cimarex, COG, Matador, Oxy and XTO.

Lot 59242

CONTACT AGENT
EnergyNet Inc
Mr. Ryan Dobbs
VP - Business Development - Western US
1232 Bergen Pkwy Ste 208
Evergreen, CO 80439
Phone: 720-459-2072 and Fax: 303-500-3063 and Direct: 303-500-3063 Cell: 720-459-2072
Email: ryan.dobbs@energynet.com

*Disclaimer
Oil and gas exploration, production and investment are extremely speculative. This website and content herein may also contain forward-looking statements as that term is defined in applicable securities laws. Words such as “anticipate,” “believe,” “continue,” “expect,” “estimate,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “goal,” “objective” will typically identify such forward-looking statements. Although buyers, sellers and capital providers are making the forward-looking statements contained herein in good faith and on the basis of assumptions a Company believes are reasonable, actual results may differ materially from those predicted in such forward-looking statements. Following are a list of factors that could cause actual results to differ from those predicted: acquisition and investment risks; uncertainty of estimates of natural gas and oil reserves and production rates; inherent hazards and risks associated with the Company‘s assets; drilling risks; compliance with environmental and other governmental regulations; the competitive nature of the Company‘s industry; weather risks and other natural disasters. All users of the PLS website recognize that ALL STANDARD DISCLAIMERS APPLY and ANY AND ALL SELLER RIGHTS ARE RETAINED. As with all commercial websites, PLS is NOT responsible for any of the data found herein NOR for the business decisions of any individual using this website.