NORTH ARKANSAS AUCTION
431-Total Wells. ~4,750-Net HBP Acres.
FAYETEVILLE SHALE PRODUCTION
Includes Multiple Locations Left To Drill.
0.009%-0.075% ORRI In 5 Wells
0.0001%-36.35% WI (0.0001%-29.25% NRI)
Avg. 6-Mn 8/8ths Prod: 81.05 MMCFD
Avg. 6-Mn Net Income: $46,778/Month
AUCTION CLOSED SEPT 18, 2019
PP 2369AU
Onshore |
Land Base |
Unconventional |
Play Type |
ENERGYNET INC - VENDERA RESOURCES
Deal Summary
Vendera Resources LP has retained EnergyNet Inc to assist in the sale of certain non-operated Fayetteville Shale assets in Arkansas. The bidding opens on 11-Sep-2019 and closes on 18-Sep-2019.
Highlights:
-- Located in Van Buren Co., Cleburne Co., Conway., and White Co., AR;
-- Covers ~4,750 net HBP leasehold acres;
-- Holds 0.0001% to 36.35% WI (0.0001% to 29.25% NRI) in 426 wells and 0.009% to 0.075% ORRI in 5 wells;
-- Includes multiple locations left to drill;
-- Average 8/8th average production (6 months): 81.05 MMcf/d;
-- Average net income (6 months): $46,778/month;
-- Operators: Flywheel Energy, Merit Energy and XTO.
Lot 60534
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