oil & gas assets
EnergyNet Inc Producing Properties

PP 5366AU ACTIVE DEAL

Producing Properties
* All Standard Disclaimers Apply & Seller Rights Retained

PERMIAN NON-OPERATED ASSETS

676.43-Net HBP Leasehold Acres.
YATES FIELD UNIT IN PECOS CO, TX
0.47% Non-Operated WI (Various NRI)
An Additional ~1.3% RI In Tract 26
Avg 8/8ths Prod (6-Mn): 27.285 MBOED
Avg Net Cash Flow (6-Mn): $51,339/Mn
AUCTION ENDS ON JUNE 22, 2022
PP 5366AU

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

Deal Summary

Cimarex Energy Co, an affiliate of Coterra Energy has retained EnergyNet Inc to assist in the sale of certain Permian basin non-operated and royalty assets in Texas, according to a media article dated 3-June-2022. The auction opens on 15-Jun-2022 and closes on 22-Jun-2022.

Highlights:
-- Located in Yates field unit in Pecos Co., TX;
-- Covers 676.43 net HBP leasehold acres;
-- Holds ~0.47% non-operated WI (various NRI) in Yates field unit and an additional ~1.3% RI in tract 26;
-- Average 8/8ths Production (6 months, includes net production): ~27.285 MBOE/d (56% oil and 44% gas);
-- Average net cash flow (6 months): $51,339/month;
-- Operator: Kinder Morgan Production Co.

To learn more contact:
Mr. Ethan House
Phone: 405-759-8437
Email: Ethan.House@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.