oil & gas assets
EnergyNet Inc Acreage & Minerals For Lease

L 2060AU SOLD BY AUCTION

Acreage & Minerals For Lease
* All Standard Disclaimers Apply & Seller Rights Retained

GRADY CO., OK ACREAGE

~1,136-Net HBP Leasehold Acres.
Hoxbar, Marchand, Mississippian,
Springer & Woodford Formations.
141-Active Permits Offsetting.
Holds 100% Of OGLs
(Delivering ~72.45% - 87.5% NRI)
371-Active Hz Producing Wells Offsetting.
AUCTION CLOSED JUNE 19, 2019
L 2060AU

Onshore Land Base
Unconventional Play Type
ENERGYNET INC - SAMSON RESOURCES CO

Deal Summary

Samson Resources Corp, et al, has retained EnergyNet Inc to assist in the sale of certain acreage in Oklahoma. The auction will open on 12-Jun-2019 and close on 19-Jun-2019.

Highlights:
-- Located in Grady Co., OK;
-- Covers ~1,136 net HBP leasehold acres;
-- Holds 100% of OGLs (delivering an NRI of ~72.45% to 87.5%) with rights in 1,055.2 net HBP Springer leasehold acres, 1,175.7 net HBP Mississippian leasehold acres and 1,135.9 net HBP Woodford and below leasehold acres;
-- Targets Hoxbar, Marchand, Mississippian, Springer, and Woodford formations.
-- Offset area holds 141 active permits (3 active, 4 completed, 25 drilling, and 108 permitted);
-- Offset area also holds 371 active horizontal producing wells (68 Hoxbar, 16 Marchand, 34 Mississippian, 33 Springer, and 200 Woodford);
-- Select offset operators: Continental, EOG Resources, Unit Petroleum, and Zarvona.

Lot 57795

CONTACT AGENT
EnergyNet Inc
Mr. Cody Felton
VP - Business Development - Hou & Eastern States
400 Louisiana St Ste 600
Houston, TX 77002
Phone: 713-861-1866 and Fax: 832-201-9598 and Direct: 281-221-3042
Cell: 281-221-3042
Email: cody.felton@energynet.com

*Disclaimer
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