oil & gas assets
Producing Properties

PP 5442 ACTIVE DEAL

Producing Properties
* All Standard Disclaimers Apply & Seller Rights Retained

Region Permian Basin
Area West Texas (RRC #8 FW)
Posted10-Aug-22
Confirmed10-Aug-22
Offer01-Sep-22

Owner

Stout Energy Inc

Contact

Permian Energy Partners LLC
Mr. David Fowler
Unidentified

Phone: +1-432-664-0481
David@permianenergypartners.com
 

Regional Listings

TEXAS OPERATED SALE PACKAGE

133-Wells. Covers 8-Fields. 43-Leases.
PRIMARILY IN WINKLER COUNTY
ALSO IN ANDREWS COUNTY
Yates, Seven Rivers, Queen, Colby,
San Andres & Reef Formations
Holds 100% WI In 41 Leases.
(80-87.5% NRI In 23 Leases)
Average 8/8ths Production: 393 BOED
Average Net Income: $735,924/Month
BIDS ARE DUE ON SEPTEMBER 1, 2022
PP 5442

Onshore Land Base
Conventional Play Type
PERMIAN ENERGY PARTNERS - STOUT ENERGY INC

Deal Summary

Stout Energy Inc has retained Permian Energy Partners LLC to assist in the sale of certain operated conventional assets in Texas. Seller will entertain partial offers.

Highlights:
-- Located primarily in Winkler Co., TX and also in Andrews Co., TX;
-- Covers 8 fields containing 43 leases;
-- Holds 100% WI in 41 leases (80% to 87.5% NRI in 23 leases);
-- Targets the Yates, Seven Rivers, Queen, Colby, San Andres, and Reef formations;
-- Includes 133 wells (70 active producers and 13 injectors);
-- Average 8/8ths Production (Mar-2022 to May-2022): 393 BOE/d (~98% oil and ~2% gas);
-- Average net income (Feb-2022 to Apr-2022): $735,924/month;
-- Low operating costs and revenue to expense ratio of 8:1.

To learn more contact:
Mr. David Fowler
Phone: 432-664-0481
Email: David@permianenergypartners.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.