oil & gas assets
EnergyNet Inc Producing Properties

PP 2366AU SOLD BY AUCTION

Producing Properties
* All Standard Disclaimers Apply & Seller Rights Retained

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, 2019
PP 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

*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.