GULF COAST PRODUCING ASSETS
24-Wells.
POLK COUNTY, TEXAS
25% - 96.12% OPERATED WI
(19.31% - 69.21% NRI) In 23-Wells
13-Producing, 8-Shut-In, 1-SWD, &
1-Temporarily Abandoned
6.25% NON-OP WI (4.38% NRI) In 1-Well
Avg 8/8th Production (6-Mn): 15 BOPD
Avg Net Income (12-Mn): $4,275/Mn
AUCTION ENDS FEBRUARY 16, 2022
CONTACT AGENT FOR MORE INFO
PP 5006AU
Onshore |
Land Base |
Conventional |
Play Type |
ENERGYNET INC - FOUNDATION ENERGY MANAGEMENT LLC
Deal Summary
Foundation Energy Management LLC retained EnergyNet Inc to assist in the sale of certain producing operated and non-operated Gulf Coast assets in Texas. The auction starts on 9-Feb-2022 and ends on 16-Feb-2022.
Highlights:
-- Located in Polk Co., TX
-- Holds 25% to 96.12693% operated WI (19.3125% to 69.211395% NRI) in 23 wells (13 producing, 8 Shut-in, 1 SWD, and 1 temporarily abandoned);
-- Also holds 6.25% non-operated WI (4.38281% NRI) in producing Overton #1 well;
-- Average 8/8th Production (6 months): 15 Bbl/d;
-- Average net income (12 months): $4,275/month;
-- Operator: Arcadia Resources.
To learn more contact:
Mr. Zachary Muroff
Phone: 972-372-0232
Email: Zachary.Muroff@energynet.com