oil & gas assets
EnergyNet Inc Producing Properties

PP 7856DV ACTIVE DEAL

Producing Properties
* All Standard Disclaimers Apply & Seller Rights Retained

WEST TEXAS NON-OP ASSETS

30-Wells. 898.11- Net HBP Acres.
HOWARD & GLASSCOCK COUNTIES
Targets Wolfcamp Shale Formation
15.79% Non-Operated WI (~12.16% NRI)
Avg 8/8th Prod (6-Months): 158.66 BOED
Avg Prod (7-Months): 22.5 BOED
Avg Net Income: $11,074/Mn
BIDS ARE DUE NOVEMBER 16, 2022
PP 7856DV

Onshore Land Base
Unconventional Play Type
ENERGYNET INC - CADENCE ENERGY PARTNERS LLC

Deal Summary

Cadence Energy Partners LLC has retained EnergyNet Inc to assist in the sale of non-operated Permian Basin assets in Texas.

Highlights:
-- Located in Glasscock Co., and Howard Co., TX;
-- Covers 898.11 net HBP leasehold acres;
-- Holds an average non-operated 15.79% WI (~12.16% NRI) in 30 wells;
-- Targets Wolfcamp shale formation;
-- Average 8/8th Production (6 months): 158.66 BOE/d (~64% oil and ~36% gas);
-- Average net Production (6 months): 22.5 BOE/d (60% gas and 40% oil);
-- Average net income (7 months): $11,074/month;
-- Operators: Apache Corp., Laredo Petroleum, Ovintiv, SMC Oil & Gas.

To learn more contact:
Mr. Cody Felton
Phone: 713-861-1866
Email: Cody.Felton@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.