OHIO ROYALTY ASSET SALE
23-Wells. 19-Net Acres (56.4-Gross).
BELMONT, JEFFERSON, GUERNSEY
APPALACHIAN BASIN
Targets The Point Pleasant Reservoir
Holds Average 0.056% RI
Avg. Gross Production: 18.081 MBOED
Average Net Cash Flow: $39,023/Month
BIDS ARE DUE DECEMBER 13, 2022
PP 6152AU
Onshore |
Land Base |
Unconventional |
Play Type |
THE OIL & GAS ASSET CLEARINGHOUSE - STRATA PETROLEUM LLC
Deal Summary
Strata Petroleum LLC has retained The Oil & Gas Asset Clearinghouse to assist in the sale of certain Appalachian Basin royalty assets in Ohio.
Highlights:
-- Located Belmont Co., Jefferson Co., Guernsey Co., OH;
-- Covers 19 net acres (56.4 gross);
-- Holds an average 0.056% RI in 23 wells;
-- Targets the Point Pleasant reservoir;
-- Average gross production (Jan-2022 to Jun-2022): 18.081 MBOE/d (~97% gas and ~3% oil);
-- Average net cash flow (Oct-2022): $39,023/month;
-- Operated by Ascent Resources.
To learn more contact:
The Oil & Gas Asset Clearinghouse
Phone: 281-873-4600
Email: sales@ogclearinghouse.com