MIDLAND BASIN DRILL TO CARRY
Covers ~1,127-Net Leasehold Acres
HOWARD COUNTY, TEXAS
Development From 8,750 - 10,000 Feet
Operations In Section 29 By 1-Mar-2023
97.5875% (74.4406% NRI) In E2 Of
Section 20 & E2SE4 of Section 29
95.43% WI (72.8231% NRI) In E2 Of
Section 20 & W2SE4 of Section 29
94.7771% WI (71.0836% NRI) In S2NW4,
SW4 Section 20 & W2 Section 29
87.1771% WI (65.3868% NRI) In S2NW4,
SW4 Section 20 & W2 Section 29
Existing PDP Excluded From Sale
BIDS ARE DUE NOVEMBER 30, 2022
DV 6029
Onshore |
Land Base |
Unconventional |
Play Type |
ENERGYNET INC - OVINTIV INC
Deal Summary
Ovintiv Inc has retained EnergyNet Inc to assist in the sale of certain Midland Basin drill to carry assets in Texas.
Highlights:
-- Located in Howard Co., TX;
-- Covers ~1,127 net leasehold acres (619 net HBP leasehold acres and 508 net acres w/Expiration);
-- Current WI/NRI held by Ovintiv: 97.5875% (74.4406% NRI) in E2 of Section 20 & E2SE4 of Section 29, 95.43% WI (72.8231% NRI) in E2 of Section 20 & W2SE4 of Section 29, 94.7771% WI (71.0836% NRI) in S2NW4, SW4 Section 20 & W2 Section 29, and 87.1771% WI (65.3868% NRI) in S2NW4, SW4 Section 20 & W2 Section 29;
-- Development from 8,750 to 10,000 feet;
-- Operations must be in Section 29 by 1-Mar-2023;
-- Existing PDP excluded from sale.
To learn more contact:
Ms. Emily McGinley
Phone: 405-795-2975
Email: Emily.McGinley@energynet.com