oil & gas assets
EnergyNet Inc Producing Properties

PP 2591AU SOLD BY AUCTION

Producing Properties
* All Standard Disclaimers Apply & Seller Rights Retained

Region Permian Basin
Area West Texas (RRC #8 FW)
Posted26-Nov-19
Confirmed19-Dec-19
Offer04-Dec-19

Owner

Manzanita Operating LLC

Contact

EnergyNet Inc
Ms. Lindsay Ballard
F
1615 Redstone Manor Dr
Spring TX 77379
Phone: +1-832-403-3122
Fax: +1-972-265-7982
lindsay.ballard@energynet.com
 

Regional Listings

WARD CO., TX PROPERTY

13-Total Wells. 1,200-Net/Gross Acres.
DELAWARE BASIN
23 Producing & 1 Injection, 6 Leases
82.75% to 91% WI(61.6% to 68.25% NRI)
Avg 8/8th Prod(6 Mns): 59.34 BOED
Avg. Net Income (7 Mns): $5,570/Month
CONTACT AGENT FOR MORE INFO
PP 2591AU

Onshore Land Base
Unconventional Play Type
ENERGYNET INC - MANZANITA OPERATING LLC

Deal Summary

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

Manzanita Operating LLC, et al, has retained EnergyNet Inc to assist in the sale of certain operated Permian assets in Texas. The auction opens on 21-Nov-2019 and closes on 4-Dec-2019.

Highlights:
-- Located in Ward Co., TX;
-- Covers 1,200 net/gross leasehold acres across 6 leases;
-- Holds 82.75% to 91% WI (61.6% to 68.25% NRI) in 13 wells (12 producing and 1 injection);
-- Average 8/8th Production (6 months): ~59.34 BOE/d (~59% oil and 41% gas);
-- Average net income (7 months): $5,570/month.

To learn more contact:
Ms. Lindsay Ballard
Phone: 532-547-0424
Email: Lindsay.Ballard@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.