oil & gas assets
EnergyNet Inc Producing Properties

PP 5232 ACTIVE NEGOTIATING

Producing Properties
* All Standard Disclaimers Apply & Seller Rights Retained

Region Midcontinent (NTX PTX OK KS NE MI)
Area North Texas (RRC #7B #9 W#5)
Posted15-Jan-21
Confirmed01-Feb-21
Offer29-Jan-21

Owner

Undisclosed Seller

Contact

EnergyNet Inc
Mr. Zachary Muroff
F
400 Louisiana St Ste 600
Houston TX 77002
Phone: +1-713-861-1866
Zachary.Muroff@energynet.com
 

Regional Listings

FORT WORTH OPERATED ASSETS

20-Wells. 1,200-Net Acres
WISE, JACK & MONTAGUE COS., TX
1-DUC. 7-PUD. 22-Behind Pipe Locs
AVG 75% OPERATED WI (~57% NRI)
Average 8/8th Production: 40.6 BOED
Average Net Income: $10,015/Month
Bids Are Currently Under Review
CONTACT AGENT FOR MORE INFO
PP 5232

Onshore Land Base
Conventional Play Type
ENERGYNET INC - UNDISCLOSED SELLER

Deal Summary

Update, 1-Feb-2021. The package has been moved to bids under review section.

EnergyNet Inc has been retained by an Undisclosed seller to assist in the sale of certain producing operated Fort Worth basin assets in Texas.

Highlights:
-- Located in Wise Co., Jack Co., and Montague Co., TX;
-- Covers ~1,200 net leasehold acres;
-- Holds ~75% average operated WI (~57% average NRI) in 20 wells;
-- Includes 1 DUC, 7 PUDs and 22 identified behind pipe potential locations;
-- Average 8/8th Production (6 months): ~40.6 BOE/d or 244 Mcfe/d (~70% gas and ~30% oil);
-- Average net income (7 months): $10,015/month.

To learn more contact:
Mr. Zachary Muroff
Phone: 972-372-0232
Email: Zachary.Muroff@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.