oil & gas assets
EnergyNet Inc Producing Properties

PP 2369AU SOLD BY AUCTION

Producing Properties
* All Standard Disclaimers Apply & Seller Rights Retained

Region Ark-La-Tex (ETX, NLA, AR)
Area Arkansas
Posted10-Sep-19
Confirmed24-Sep-19
Offer18-Sep-19

Owner

Vendera Resources

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
 

NORTH ARKANSAS AUCTION

431-Total Wells. ~4,750-Net HBP Acres.
FAYETEVILLE SHALE PRODUCTION
Includes Multiple Locations Left To Drill.
0.009%-0.075% ORRI In 5 Wells
0.0001%-36.35% WI (0.0001%-29.25% NRI)
Avg. 6-Mn 8/8ths Prod: 81.05 MMCFD
Avg. 6-Mn Net Income: $46,778/Month
AUCTION CLOSED SEPT 18, 2019
PP 2369AU

Onshore Land Base
Unconventional Play Type
ENERGYNET INC - VENDERA RESOURCES

Deal Summary

Vendera Resources LP has retained EnergyNet Inc to assist in the sale of certain non-operated Fayetteville Shale assets in Arkansas. The bidding opens on 11-Sep-2019 and closes on 18-Sep-2019.

Highlights:
-- Located in Van Buren Co., Cleburne Co., Conway., and White Co., AR;
-- Covers ~4,750 net HBP leasehold acres;
-- Holds 0.0001% to 36.35% WI (0.0001% to 29.25% NRI) in 426 wells and 0.009% to 0.075% ORRI in 5 wells;
-- Includes multiple locations left to drill;
-- Average 8/8th average production (6 months): 81.05 MMcf/d;
-- Average net income (6 months): $46,778/month;
-- Operators: Flywheel Energy, Merit Energy and XTO.

Lot 60534

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.