oil & gas assets
EnergyNet Inc Royalties & Overrides

RR 2460PP SOLD BY AUCTION

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

Region Midcontinent (NTX PTX OK KS NE MI)
Area Panhandle Texas (TXRRC #10)
Posted21-Oct-19
Confirmed04-Dec-19
Offer29-Nov-19

Owner

Edgewater Royalty LP

Contact

EnergyNet Inc
Ms. Emily McGinley
Manager - Business Development
3600 NW 138th
Oklahoma City OK 73134

emily.mcginley@energynet.com
 

ANADARKO BASIN ROYALTY ASSETS

63-Wells.
TEXAS & OKLAHOMA COUNTIES
0.02% - 3.12% ORRI In 61 Wells
0.01% - 0.17% RI In 2 Wells
Avg 8/8th Production 6Mns: 524.5 BOED
Avg Net Income (6-Months): $7,495/Mn
SOLD BY AUCTION
RR 2460PP

Onshore Land Base
Unconventional Play Type
ENERGYNET INC - EDGEWATER ROYALTY LP

Deal Summary

Edgewater Royalty LP has retained EnergyNet Inc to assist in the sale of certain Anadarko basin royalty assets in Texas and Oklahoma. The auction opens on 22-Oct-2019 and closes on 29-Oct-2019.

Highlights:
-- Located in Ochiltree Co., Roberts Co., Lipscomb Co., Hemphill Co., Wheeler Co., Hartley Co., and Hansford Co., TX and Le Flore Co., Haskell Co and Beaver Co., OK;
-- Holds 0.02% to 3.12% ORRI in 61 wells and 0.01% to 0.17% RI in 2 wells;
-- Average 8/8th Production (6 months): 524.5 BOE/d or ~3.15 MMcfe (82% gas, 18% oil);
-- Average net income (6 months): $7,495/month;
-- Select operators: BP America, Fourpoint, Jones Energy and XTO.

To learn more contact:
Emily McGinley
Phone: 405-795-2975
Email: Emily.McGinley@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.