The following information is provided by EnergyNet. All inquiries on the following listings should be directed to EnergyNet. Hart Energy is not a brokerage firm and does not endorse or facilitate any transactions.
Robert L. Bayless Producer LLC retained EnergyNet for the sale of its eight well package in Uintah County, Utah. The Lot# 114353 package includes a 6-month average net income of $71,256/ month.
Opportunity highlights:
- Non-Operated Working Interest in 8 Wells:
- Avg WI ~48.91% / Avg NRI ~39.19%
- Operator: Finley Resources, Inc.
- 6-Month Average Net Income: $71,256/Month
- 6-Month Average 8/8ths Production: 126 BOPD and 146 MCFPD
- 6-Month Average Net Production: 64 BOED (80% Oil)
- 157.00 Net HBP Leasehold Acres
Bids are due Feb. 22 at 4 p.m. CST. For complete due diligence, please visit energynet.com or email Reilly Bliton, managing director, at Reilly.Bliton@energynet.com.
Recommended Reading
Keeping it Simple: Antero Stays on Profitable Course in 1Q
2024-04-26 - Bucking trend, Antero Resources posted a slight increase in natural gas production as other companies curtailed production.
NOV Announces $1B Repurchase Program, Ups Dividend
2024-04-26 - NOV expects to increase its quarterly cash dividend on its common stock by 50% to $0.075 per share from $0.05 per share.
Initiative Equity Partners Acquires Equity in Renewable Firm ArtIn Energy
2024-04-26 - Initiative Equity Partners is taking steps to accelerate deployment of renewable energy globally, including in North America.
Repsol to Drop Marcellus Rig in June
2024-04-26 - Spain’s Repsol plans to drop its Marcellus Shale rig in June and reduce capex in the play due to the current U.S. gas price environment, CEO Josu Jon Imaz told analysts during a quarterly webcast.
Ithaca Deal ‘Ticks All the Boxes,’ Eni’s CFO Says
2024-04-26 - Eni’s deal to acquire Ithaca Energy marks a “strategic move to significantly strengthen its presence” on the U.K. Continental Shelf and “ticks all of the boxes” for the Italian energy company.