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