MCMULLEN CO., TX ROYALTY
4-Total Wells.
EAGLE FORD SHALE
Holds 0.73% & 0.45% Royalty Interest.
Avg. 8/8th Prod. (4Mns): 3,490 BOED
Avg. Cash Flow (4Mns): $36,389/Mn
AUCTION CLOSED JUNE 27, 2019
RR 2175AU
Onshore |
Land Base |
Unconventional |
Play Type |
ENERGYNET INC - KWL COMMERCIAL PROPERTIES LTD
Deal Summary
KWL Commercial Properties Ltd has retained EnergyNet Inc to assist in the sale of certain royalty assets in Texas. The auction will open on 20-Jun-2019 and close on 27-Jun-2019.
Highlights:
-- Located in McMullen Co., TX;
-- Holds 0.73% RI in Morrill Unit I 1 and 2 wells and 0.45% RI in Morrill Unit H 1 and 2 wells;
-- Targets Eagle Ford formation;
-- Average 8/8th Production (4 months): 3.49 MBOE/d (84% oil, 16% gas);
-- Average net cash flow (4 months): $36,389/month;
-- Operator: ConocoPhillips.
Lot 57881
CONTACT AGENT
EnergyNet Inc
Mr. Cody Felton
VP - Business Development - Hou & Eastern States
400 Louisiana St Ste 600
Houston, TX 77002
Phone: 713-861-1866 and Fax: 832-201-9598 and Direct: 281-221-3042
Cell: 281-221-3042
Email: cody.felton@energynet.com