MOUNTRAIL CO., ND AUCTION
4-Hz Wells. 19.77-Net Leasehold Acres.
BAKKEN SHALE PRODUCTION
Holds 1.54% WI; 1.24% NRI
6-Mn Avg. 8/8ths Prod: 904 BOED
6-Mn Avg. Net Income: $13,603/Month
SOLD BY AUCTIONPP 2365AU
Onshore |
Land Base |
Unconventional |
Play Type |
ENERGYNET INC - REI ENERGY LLC
Deal Summary
[COMPLETED] Update, 8-Oct-2019. The package has been sold, based on field intelligence.
REI Energy LLC has retained EnergyNet Inc to assist in the sale of certain non-operated assets in North Dakota. The auction will open on 18-Sep-2019 and close on 25-Sep-2019.
Highlights:
-- Located in Mountrail Co., ND;
-- Covers 19.77 net HBP leasehold acres;
-- Holds 1.54% WI (1.24% NRI) in 4 producing horizontal wells;
-- Targets Bakken Shale formation;
-- Average 8/8ths Production (6 months): 904 BOE/d (89% oil, 11% gas);
-- Average net income (6 months): $13,603/month;
-- Operator: Hunt Oil.
To learn more contact:
EnergyNet Inc
Mr. Michael Baker
VP - Business Development - Permian
5700 Granite Pkwy Ste 200
Plano, TX 75024
USA
Phn: 972-372-0232 & Fax: 972-265-7982
Cell: 972-898-5358
Email: michael.baker@energynet.com