oil & gas assets
EnergyNet Inc Royalties & Overrides

RR 2364AU SOLD BY AUCTION

Royalties & Overrides
* All Standard Disclaimers Apply & Seller Rights Retained

GOM SHELF ASSET AUCTION

Producing Lease Block.
OFFSHORE LOUISIANA
Holds 9.34% ORRI In The G13928 Lease
Avg. 8/8ths Prod: ~138 BOED (~88% Oil)
Avg. Net Income: $20,049/Month
SOLD BY AUCTION SEPTEMBER 26, 2019
RR 2364AU

Offshore Land Base
Conventional Play Type
ENERGYNET INC - EP ENERGY

Deal Summary

EP Energy Corp has retained EnergyNet Inc to assist in the sale of ORRI in certain US Gulf of Mexico (GoM) shelf assets. The auction will open on 19-Sep-2019 and close on 26-Sep-2019.

Highlights:
-- Located offshore Louisiana;
-- Holds 9.34% ORRI in the producing G13928 lease (ST 30 block);
-- Average 8/8ths production (6 months): ~138 BOE/d (88% oil, 12% gas);
-- Average net income (6 months): $20,049/month;
-- Operator: Talos Energy.

EnergyNet Inc
Mr. Cody Felton
VP - Business Development - Hou & Eastern States
400 Louisiana St Ste 600
Houston, TX 77002
USA
Phn: 281-221-3042 & Fax: 832-201-9598
Cell: 281-221-3042

Email: cody.felton@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.