oil & gas assets
EnergyNet Inc Acreage & Minerals For Lease

L 2389AU SOLD BY AUCTION

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

MIDLAND BASIN LEASEHOLD

1-DUC Well. 3,827.71-Net Leasehold Acres.
HOWARD COUNTY, TEXAS
149-Active Permits & 521-Wells Offsetting.
89.28%-100% WI; (69.89% to 75% NRI)
SOLD BY AUCTION OCTOBER 2019
L 2389AU

Onshore Land Base
Unconventional Play Type
ENERGYNET INC - ENCANA CORP

Deal Summary

Encana Oil & Gas Inc has retained EnergyNet Inc to assist in the sale of certain operated Midland Basin acreage in Texas. The bidding opens on 25-Sep-2019 and closes on 2-Oct-2019.

Highlights:
-- Located in Howard Co., TX;
-- Covers 3,827.71 net (92.35% non-producing and 7.64% HBP/producing) leasehold acres;
-- Holds 89.28% to 100% operated WI (69.89% to 75% NRI) and certain APO non-operated WI in 1 DUC well;
-- Offset area includes 149 active permits, 2 rigs and 521 wells (121 horizontal);
-- Select area operators: Callon, Legacy Reserves and SM Energy.

CONTACT AGENT
EnergyNet Inc
Mr. Ryan Dobbs
VP - Business Development - Western US
1232 Bergen Pkwy Ste 208
Evergreen, CO 80439
Phone: 720-459-2072 and Fax: 303-500-3063 and Direct: 303-500-3063 Cell: 720-459-2072
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.