oil & gas assets
EnergyNet Inc Producing Properties

PP 5331AU ACTIVE DEAL

Producing Properties
* All Standard Disclaimers Apply & Seller Rights Retained

Region Rockies, Dakotas & Four Corners
Area North Dakota
Posted04-May-22
Confirmed04-May-22
Offer11-May-22

Owner

REI Energy LLC

Contact

EnergyNet Inc
Ms. Lindsay Ballard
F
1615 Redstone Manor Dr
Spring TX 77379
Phone: +1-832-403-3122
Fax: +1-972-265-7982
lindsay.ballard@energynet.com
 

Regional Listings

WILLISTON NON-OPERATED ASSETS

22-Hz Producing Wells.
MOUNTRAIL, MCKENZIE & DUNN
COUNTIES NORTH DAKOTA
11-Welbore only Wells.
~0.13% To ~2.58% Non-Operated WI
~0.103% To ~2.01% NRI
Avg 8/8ths Prod (6-Mn): ~11.026 MBOED
Avg Net Cash Flow (6-Mn): $46,093/Mn
AUCTION ENDS ON MAY 11, 2022
PP 5331AU

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

Deal Summary

REI Energy Drilling & Income Fund I LP, a subsidiary of REI Energy LLC has retained EnergyNet Inc to assist in the sale of certain non-operated Williston basin assets in North Dakota. The auction opens on 4-May-2022 and closes on 11-May-2022.

Highlights:
-- Located in Mountrail Co., McKenzie Co., and Dunn Co., ND;
-- Holds ~2.58% to ~0.13% non-operated WI (~2.01% to ~0.103% NRI) in 22 horizontal producing wells including 11 well-bore only wells;
-- Average 8/8ths Production (6 months): ~11.026 MBOE/d (76% oil and 24% gas);
-- Average net cash flow (6 months): $46,093/month;
-- Operators: ConocoPhillips, Continental, Enerplus, Hess Bakken Investments II LLC, QEP Energy and Whiting O&G Corp.

To learn more contact:
Ms. Lindsay Ballard
Phone: 432-547-0424
Email: Lindsay.Ballard@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.