oil & gas assets
EnergyNet Inc Producing Properties

PP 5034AU ACTIVE DEAL

Producing Properties
* All Standard Disclaimers Apply & Seller Rights Retained

Region Midcontinent (NTX PTX OK KS NE MI)
Area Panhandle Texas (TXRRC #10)
Posted11-Feb-22
Confirmed03-Feb-22
Offer16-Mar-22

Owner

Kaiser-Francis Oil Company

Contact

EnergyNet Inc
Mr. Ethan House
7201 I-40 West Ste 319
Amarillo TX 79106
Phone: +1-806-351-2953
Fax: +1-806-354-2835
ethan.house@energynet.com
 

Regional Listings

TEXAS NON-OP & ROYALTY SALE

111-Wells. 1,875-Net Acres
ANADARKO BASIN
HEMPHILL, OCHILTREE, ROBERTS,
& WHEELER COUNTIES
11.46% Non-Operated WI (10.15% NRI)
In 110-Wells
2.35% RI In 1-Well (Converts To WI APO)
Avg 8/8th Production: 3.37 MMCFED
Avg Net Income (6-Mn): $8,917/Mn
AUCTION ENDS FEBRUARY 16, 2022
CONTACT AGENT FOR MORE INFO
PP 5034AU

Onshore Land Base
Conventional Play Type
ENERGYNET INC - KAISER-FRANCIS OIL CO

Deal Summary

Kaiser-Francis Oil Co has retained EnergyNet Inc to assist in the sale of certain non-operated and royalty Anadarko basin assets in Texas. The auction opens on 9-Feb-2022 and closes on 16-Feb-2022.

Highlights:
-- Located in Hemphill Co., Ochiltree Co., Roberts Co., and Wheeler Co., TX;
-- Covers ~1,875 net acres;
-- Holds ~11.46% non-operated WI (~10.15% NRI) in 110 wells;
-- Also holds 2.35% RI that converts to working interest after pay-out in the Teas 4304 well;
-- Average 8/8th Production (6 months): ~3.37 MMcfe/d or ~562.83 BOE/d ( ~98% gas and ~2% oil);
-- Average net income (6 months): $8,917/month.

To learn more contact:
Mr. Ethan House
Phone: 405-759-8437
Email: Ethan.House@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.