oil & gas assets
EnergyNet Inc Producing Properties

PP 2319AU SOLD BY AUCTION

Producing Properties
* All Standard Disclaimers Apply & Seller Rights Retained

OKLAHOMA PRODUCING ROYALTY

203-Total Wells.
MULTIPLE COUNTIES ACROSS OK
~0.001% - 3.28% ORRI In 191 Wells.
~0.005% to 0.23% In 5 Wells.
Avg. 8/8th Prod 6mns: ~7.55 MBOED
4-Mn Net Income: $25,685/Month
AUCTION CLOSED AUGUST 27, 2019
PP 2319AU

Onshore Land Base
Unconventional Play Type
ENERGYNET INC - ELR PRODUCTION LTD

Deal Summary

ELR Production Ltd has retained EnergyNet Inc to assist in the sale of certain producing royalty assets in Oklahoma. The bidding opens on 20-Aug-2019 and closes on 27-Aug-2019.

Highlights:
-- Located across multiple counties in Oklahoma;
-- Holds ~0.001% to 3.28% ORRI in 191 wells and ~0.005% to 0.23% in 5 wells;
-- Includes 7 wells with unknown interests including 5 newly completed wells;
-- Average 8/8th production (6 months): ~7.55 MBOE/d or 45.32 MMcfe/d (61% gas, 39% oil);
-- Average net income (4 months): $25,685/month;
-- Select operators: Chaparral, Chesapeake, Devon and Newfield.

Lot 59286

CONTACT AGENT
EnergyNet Inc
Mr. Cody Felton
VP - Business Development - Hou & Eastern States
400 Louisiana St Ste 600
Houston, TX 77002
Phone: 713-861-1866 and Fax: 832-201-9598 and Direct: 281-221-3042 Cell: 281-221-3042
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.