oil & gas assets
EnergyNet Inc Acreage & Minerals For Lease

L 2567AU SOLD BY AUCTION

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

Region Permian Basin
Area SE NM (Permian, Tucumcari, Raton)
Posted21-Nov-19
Confirmed19-Dec-19
Offer04-Dec-19

Owner

Shell

Contact

EnergyNet Inc
Mr. Cody Felton
FF
400 Louisiana St Ste 600
Houston TX 77002
Phone: +1-713-861-1866
Fax: +1-832-201-9598
cody.felton@energynet.com
 

NEW MEXICO ACREAGE AUCTION

139,157.322-Net Leasehold Acres
CURRY & QUAY COUNTIES
Pennsylvanian Tight Gas Sand Formation
100% Undeveloped. Rights To All Depths
100% Gross WI (81.25% to 87.50% NRI)
CONTACT AGENT FOR MORE INFO
L 2567AU

Onshore Land Base
Conventional Play Type
ENERGYNET INC - SHELL

Deal Summary

[COMPLETED] Update, 19-Dec-2019. The package has been sold, based on field intelligence


SWEPI LP, a subsidiary of Shell Plc, has retained EnergyNet Inc to assist in the sale of certain non-producing acreage in New Mexico, according to media articles dated 19-Nov-2019. The auction closes on 4-Dec-2019.

Highlights:
-- Located in Curry Co., and Quay Co., NM;
-- Covers 139,157.322 net non-producing leasehold acres (100% undeveloped) with rights to all depths;
-- Holds 100% gross WI (81.25% to 87.50% NRI);
-- Targets Pennsylvanian tight gas sand formation;
-- Expiration schedule: 57,722.67 net acres in Q4-2019 and 81,434.66 net acres during 2020 and H1-2021.

To learn more contact:
Mr. Cody Felton
Phone: 713-861-1866
Email: cody.felton@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.