WEST TEXAS ORRI & ROYALTY
Sacroc Unit.
SCURRY COUNTY
Holds 0.2% -0.3% Tract ORRI
Holds 0.01%-0.08% Tract RI
6-Mns Avg. 8/8ths Prod: ~43.73 MBOED
Avg. Net Income: $2,420/Month
SOLD BY AUCTION SEPTEMBER 24, 2019PP 2366AU
Onshore |
Land Base |
Conventional |
Play Type |
ENERGYNET INC - TROG FUND II
Deal Summary
TROG Fund II LP, an affiliate of Tower Rock Oil & Gas, has retained EnergyNet Inc to assist in the sale of certain producing ORRI and royalty asset in Texas. The bidding opens on 17-Sep-2019 and closes on 24-Sep-2019.
Highlights:
-- Located in Scurry Co., TX;
-- Holds 0.01% to 0.08% Tract RI and 0.2% to 0.3% Tract ORRI in the Sacroc unit;
-- Average 8/8th unit production (6 months): ~43.73 MBOE/d or 262.40 MMcfe/d (67% oil and 33% gas);
-- Average net income (5 months): $2,420/month;
-- Operators: Kinder Morgan Production.
EnergyNet Inc
Ms. Heidi Epstein
Manager of Business Development
400 Louisiana St Ste 600
Houston, TX 77002
USA
Phn: 713-861-1866
Email: Heidi.Epstein@energynet.com