oil & gas assets
EnergyNet Inc Producing Properties

PP 3130 ACTIVE NEGOTIATING

Producing Properties
* All Standard Disclaimers Apply & Seller Rights Retained

MIDLAND BASIN ASSET SALE

14-Wells. 596.19-Net HBP Leasehold Acres
MARTIN & HOWARD COUNTIES, TX
55.53% To 100% WI (42.2% To 80% NRI)
Avg 8/8th Prod (6 Mns): 87.83 BOEPD
CONTACT AGENT FOR MORE INFO
PP 3130

Onshore Land Base
Conventional Play Type
ENERGYNET INC - SM ENEGY COMPANY

Deal Summary

Update, 15-Jul-2021. The package has been moved to bids under review section.

SM Energy has retained EnergyNet Inc to assist in the sale of producing Midland basin assets in Texas.

Highlights:
-- Located in Martin Co., and Howard Co., TX;
-- Covers 596.19 net HBP leasehold acres;
-- Holds 55.53% to 100% WI (42.2% to 80% NRI, BPO) in 14 wells;
-- Average 8/8ths production (6 months): 87.83 BOE/d (73% oil, 27% gas).

To learn more contact:
Ms. Heidi Epstein
Phone: 713-861-1866
Email: Heidi.Epstein@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.