oil & gas assets
Royalties & Overrides

RR 6715AU ACTIVE DEAL

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

Region Eastern & Appalachia Basin
Area Ohio
Posted30-Nov-22
Confirmed30-Nov-22
Offer13-Dec-22

Owner

Strata Petroleum

Contact

The Oil and Gas Asset Clearinghouse
16633 Dallas Parkway Suite 290 Addison Addison


sales@ogclearinghouse.com
 

Regional Listings

BELMONT CO., OHIO ROYALTY SALE

17-Wells. 4.79-Net Acres.
APPALACHIAN BASIN
Targets The Point Pleasant Reservoir
Holds Average 0.024% ORRI
Average Gross Production: 60.65 MMcfd
Average Net Cash Flow: $2,397/Mn
BIDS ARE DUE DECEMBER 13, 2022
RR 6715AU

Onshore Land Base
Unconventional Play Type
THE OIL AND GAS CLEARINGHOUSE - STRATA PETROLEUM

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 in Belmont Co., OH;
-- Covers 4.79 net acres (4.79 gross);
-- Holds an average 0.024% RI in 17 wells;
-- Targets the Point Pleasant reservoir;
-- Average gross production (Jan-2022 to Jun-2022): 60.65 MMcf/d (100% gas);
-- Average net cash flow (May-2022 to Oct-2022): $2,397/month;
-- Operated by Gulfport Energy.

To learn more contact:
The Oil & Gas Asset Clearinghouse
Phone: 281-873-4600
Email: sales@ogclearinghouse.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.