oil & gas assets
EnergyNet Inc Producing Properties

PP 5431 ACTIVE NEGOTIATING

Producing Properties
* All Standard Disclaimers Apply & Seller Rights Retained

Region Permian Basin
Area West Texas (RRC #8 FW)
Posted08-Aug-22
Confirmed06-Sep-22
Offer31-Aug-22

Owner

EOG Resources Inc

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

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MIDLAND BASIN OPPORTUNITY

8-Wells. 14,453.825-Net Leasehold Acres
GAINES & DAWSON COUNTIES, TX
Holds 70% WI (52.5% to 54.07385% NRI)
Average 8/8ths Production: 222.5 BOED
Average Net Production: 118.17 BOED
Average Net Income: $165,583/Month
SWD & Water Gathering System Included
CONTACT AGENT FOR MORE INFO
PP 5431

Onshore Land Base
Unconventional Play Type
ENERGYNET INC - EOG RESOURCES INC

Deal Summary

Update, 6-Sep-2022. The package has been moved to bids under review section.

EOG Resources Inc has retained EnergyNet Inc to assist in the sale of certain operated Permian basin assets in Texas.

Highlights:
-- Located in Gaines Co., and Dawson Co., TX;
-- Covers 14,453.825 net leasehold acres (82% non-producing and 18% HBP);
-- Holds 70% operated WI (52.5% to 54.07385% BPO NRI) in 8 wells;
-- Average 8/8ths Production (6 months): 222.5 BOE/d (~94% oil and ~6% gas);
-- Average net Production (6 months): 118.17 BOE/d (~94% gas and ~6% oil);
-- Average net income (6 months): $165,583/month;
-- SWD and water gathering system is included for all wells.

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.