oil & gas assets
EnergyNet Inc Producing Properties

PP 2365AU SOLD BY AUCTION

Producing Properties
* All Standard Disclaimers Apply & Seller Rights Retained

Region Rockies, Dakotas & Four Corners
Area North Dakota
Posted10-Sep-19
Confirmed02-Oct-19
Offer25-Sep-19

Owner

REI Energy LLC

Contact

EnergyNet Inc
Mr. Michael Baker
VP - Business Development - Permian
5700 Granite Pkwy Ste 200
Plano TX 75024
Phone: +1-972-265-7980
Fax: +1-972-265-7982
michael.baker@energynet.com
 

Regional Listings

MOUNTRAIL CO., ND AUCTION

4-Hz Wells. 19.77-Net Leasehold Acres.
BAKKEN SHALE PRODUCTION
Holds 1.54% WI; 1.24% NRI
6-Mn Avg. 8/8ths Prod: 904 BOED
6-Mn Avg. Net Income: $13,603/Month
SOLD BY AUCTION
PP 2365AU

Onshore Land Base
Unconventional Play Type
ENERGYNET INC - REI ENERGY LLC

Deal Summary

[COMPLETED] Update, 8-Oct-2019. The package has been sold, based on field intelligence.

REI Energy LLC has retained EnergyNet Inc to assist in the sale of certain non-operated assets in North Dakota. The auction will open on 18-Sep-2019 and close on 25-Sep-2019.

Highlights:
-- Located in Mountrail Co., ND;
-- Covers 19.77 net HBP leasehold acres;
-- Holds 1.54% WI (1.24% NRI) in 4 producing horizontal wells;
-- Targets Bakken Shale formation;
-- Average 8/8ths Production (6 months): 904 BOE/d (89% oil, 11% gas);
-- Average net income (6 months): $13,603/month;
-- Operator: Hunt Oil.

To learn more contact:
EnergyNet Inc
Mr. Michael Baker
VP - Business Development - Permian
5700 Granite Pkwy Ste 200
Plano, TX 75024
USA
Phn: 972-372-0232 & Fax: 972-265-7982
Cell: 972-898-5358

Email: michael.baker@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.