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