oil & gas assets
EnergyNet Inc Royalties & Overrides

RR 2592AU SOLD BY AUCTION

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

Region Rockies, Dakotas & Four Corners
Area New Mexico (Not Permian)
Posted26-Nov-19
Confirmed19-Dec-19
Offer12-Dec-19

Owner

LOGOS Resources II LLC

Contact

EnergyNet Inc
Mr. Ryan Dobbs
VP - BP
1232 Bergen Pkwy Ste 208
Evergreen CO 80439
Phone: +1-720-459-2072
Fax: +1-303-500-3063
ryan.dobbs@energynet.com
 

Regional Listings

NEW MEXICO ORRI AUCTION

13-Wells, 50.66-Net Royalty Acres
SAN JUAN BASIN
SAN JUAN & RIO ARRIBA COUNTIES
2.5% to 3.05% ORRI
Avg 8/8th Prod. (6Mns): 2,360 BOED
Avg. Net Income (12Mns): $90,697/Month
CONTACT AGENT FOR MORE INFO
RR 2592AU

Onshore Land Base
Unconventional Play Type
ENERGYNET INC - LOGOS RESOURCES II LLC

Deal Summary

[COMPLETED] Update, 19-Dec-2019. The package has been sold, based on field intelligence.

LOGOS Resources II (backed by ArcLight Capital Partners LLC) has retained EnergyNet Inc to assist in the sale of certain San Juan basin ORRI assets in New Mexico. The auction opens on 5-Dec-2019 and closes on 12-Dec-2019.

Highlights:
-- Located in San Juan Co., and Rio Arriba Co., NM;
-- Covers 50.66 net royalty acres;
-- Holds 2.5% to 3.05% ORRI in 13 producing wells;
-- Average 8/8th Production (6 months): ~2.36 MBOE/d (~75% oil and 25% gas);
-- Average net income (12 months): $90,697/month;
-- Operators: LOGOS Operating.

To learn more contact:
Mr. Ryan P. Dobbs
Phone: 303-500-3063
Email: Ryan.Dobbs@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.