HEMPHILL CO., TX ROYALTY
42-Hz Wells
ANADARKO BASIN
Holds 0.06% - 0.93 Royalty Interest.
Avg 8/8th Production: 4,972 BOED
Avg. Net Income (10 Months): $31,228/Mn
CONTACT AGENT FOR MORE INFO
RR 2561AU
Onshore |
Land Base |
Unconventional |
Play Type |
ENERGYNET INC - CADDO MINERALS INC
Deal Summary
[COMPLETED] Update, 19-Dec-2019. The package has been sold, based on field intelligence.
Caddo Minerals Inc has retained EnergyNet Inc to assist in the sale of certain producing royalty assets in Texas. The auction opens on 21-Nov-2019 and closes on 5-Dec-2019.
Highlights:
-- Located in Hemphill Co., TX;
-- Holds 0.06% to 0.93% RI in 42 horizontal wells;
-- Current average 8/8th production: ~4.972 MBOE/d or 29.832 MMcfe (~71% gas and 29% oil);
-- Average net income (10 months): $31,228/month;
-- Operator: Tecolote Energy.
To learn more contact:
Ms. Heidi Epstein
Phone: 713-861-1866
Email: Heidi.Epstein@energynet.com