REEVES CO., TX PROPERTY
3-Producing Wells.
DELAWARE BASIN
679.34-Net HBP Leasehold Acres
Wolfcamp Shale Formation
100% BPO WI (75.02% NRI)
99.86% APO WI (74.89% NRI)
Average 8/8th Production: 236 BOED
Average Net Production: 177.5 BOED
Average Net Cash Flow: $149,544/Mn
BIDS ARE DUE NOVEMBER 10, 2022
PP 5985
Onshore |
Land Base |
Unconventional |
Play Type |
ENERGYNET INC - TAP ROCK RESOURCES LLC
Deal Summary
Tap Rock Resources LLC (backed by NGP Energy Capital Management) has retained EnergyNet Inc to assist in the sale of certain operated Delaware Basin assets in Texas.
Highlights:
-- Located in Reeves Co., TX;
-- Covers 679.34 net HBP leasehold acres;
-- Holds average 100% BPO WI (75.02% NRI) and 99.86% APO WI (74.89% NRI) in 3 wells;
-- Targets the Wolfcamp Shale formation;
-- Average 8/8th Production (6 months): 236 BOE/d (~81% oil, and ~19% gas);
-- Average net Production (6 months): 177.5 BOE/d (~81% oil, and ~19% gas);
-- Average net cash flow (12 months): $149,544/month.
To learn more contact:
Ms. Lindsay Ballard
Phone: 432-547-0424
Email: Lindsay.Ballard@energynet.com