oil & gas assets
EnergyNet Inc Producing Properties

PP 2541 SOLD BY AUCTION

Producing Properties
* All Standard Disclaimers Apply & Seller Rights Retained

Region Rockies, Dakotas & Four Corners
Area North Dakota
Posted13-Nov-19
Confirmed19-Dec-19
Offer13-Nov-19

Owner

Salt Creek Oil & Gas LLC

Contact

EnergyNet Inc
Mr. Ryan Dobbs
VP - BP
1232 Bergen Pkwy Ste 208
Evergreen CO 80439
Phone: +1-720-459-2072
Fax: +1-303-500-3063
ryan.dobbs@energynet.com
 

Regional Listings

BAKKEN MULTI-ASSETS SALE

421.09 Net Leashold Acres, 13-Wells
MOUNTRAIL CO., NORTH DAKOTA
Targets Bakken Formation
Holds Certain Non-Op WI in Multi-Assets
Operators: Lime Rock, EOG & Equinor
CONTACT AGENT FOR MORE INFO
PP 2541

Onshore Land Base
Unconventional Play Type
ENERGYNET INC - SALT CREEK OIL & GAS LLC

Deal Summary

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

Salt Creek Oil and Gas LLC (backed by Deutsche Rohstoff AG) has retained EnergyNet Inc to assist in the sale of non-operated Bakken assets in North Dakota, according to media articles dated 11-Nov-2019. The auction closes on 13-Nov-2019.

Highlights:
-- Located in Mountrail Co., ND;
-- Lot 62763: Covers 80 net leasehold acres. Holds 3.125% to 6.25% WI (~2.73% to ~5.46% NRI) in 7 wells (operated by Lime Rock). The assets produce 315.17 BOE/d (76% oil, 24% gas) and generate $11,037 net income per month;
-- Lot 62764: Covers 39.83 net leasehold acres. Holds certain WI in 1 well;
-- Lot 62765: Covers 80 net leasehold acres. Holds 12.5% (10.9375% NRI) in 1 well (operated by EOG). The assets produce 13.17 BOE/d (84% oil, 16% gas) and generate $1,467 net income per month;
-- Lot 62766: Covers 20 net leasehold acres. Holds certain WI in 1 well;
-- Lot 62767: Covers ~61.26 net leasehold acres. Holds certain WI in 1 well;
-- Lot 62768: Covers 60 net leasehold acres. Holds certain WI in 1 well;
-- Lot 62769: Covers 80 net leasehold acres. Holds ~6.24% WI (~5.46% NRI) in 1 well (operated by Equinor). The assets produce 37.83 BOE/d (87% oil, 13% gas) and generate $2,137 net income per month;

To learn more contact:
Mr. Ryan Dobbs
Phone: 303-500-3063
Email: ryan.dobbs@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.