oil & gas assets
EnergyNet Inc Royalties & Overrides

RR 2418AU SOLD BY AUCTION

Royalties & Overrides
* All Standard Disclaimers Apply & Seller Rights Retained

MIDLAND BASIN ROYALTY ASSETS

2-Producing Units.
HOWARD & MARTIN COUNTIES, TX
Holds 0.270359% RI In Duke Unit
Holds 0.118194% RI In Hamilton 26 Unit
Avg. 6-Month 8/8ths Prod: 2.85 MBOED
Avg. 10-Month Net Income: $30,554/Month
SOLD BY AUCTION SEPTEMBER 24, 2019
RR 2418AU

Onshore Land Base
Unconventional Play Type
ENERGYNET INC - BLUESTEM ROYALTY PARTNERS LP

Deal Summary

Caddo Minerals Inc, as an agent for Bluestem Royalty Partners LP, has retained EnergyNet Inc to assist in the sale of certain Midland Basin royalty assets in Texas. The auction will close on 24-Sep-2019.

Highlights:
-- Located in Howard Co., and Martin Co., TX;
-- Holds 0.270359% RI and 0.317173% non-producing RI in producing Duke Unit and 0.118194% RI in producing Hamilton 26 Unit.
-- Average 8/8ths Production (6 months): 2.85 MBOE/d or 17.13 Mcfe (80% oil and 20% gas);
-- Average net income (10 months): $30,554/month;
-- Operator: SM Energy.

Lot 61863

To learn more contact:
Ms. Heidi Epstein
Phone: (713) 861-1866
Email: Heidi.Epstein@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.