oil & gas assets
EnergyNet Inc Royalties & Overrides

RR 2561AU SOLD BY AUCTION

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

Region Midcontinent (NTX PTX OK KS NE MI)
Area Panhandle Texas (TXRRC #10)
Posted18-Nov-19
Confirmed19-Dec-19
Offer05-Dec-19

Owner

Caddo Minerals Inc

Contact

EnergyNet Inc
Ms. Heidi Epstein
FF
400 Louisiana St Ste 600
Houston TX 77002
Phone: +1-713-861-1866
Heidi.Epstein@energynet.com
 

Regional Listings

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

*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.