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MCS - Rivercrest Royalties Holdings - November 6, 2019
Rivercrest Royalties Holdings II sold non-operated assets in the SCOOP and STACK plays of Oklahoma via EnergyNet. The assets consist of 0.76-9.15% WI (0.62- 7.44% NRI) in nine producing wells, according to marketing materials. Six-month average gross production of 3,790 boe/d (81% oil) has generated monthly average net income of $41,674. The wells are operated by Newfield Exploration, Territory Resources and XTO......
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