Denton, Henderson, Hood, Johnson, Montague, Parker, Tarrant and Wise Counties, Texas
EnergyNet has been retained by EnerVest Energy Institutional Co-Investment XII-1A, L.P. to offer for sale their 593 Well Package (Non-Operated WI, ORRI and RI) plus ~1,800.00 Net Leasehold Acres located in Denton, Henderson, Hood, Johnson, Montague, Parker, Tarrant and Wise Counties, Texas.
Opportunity Highlights:
- Non-Operated Working Interest in 514 Wells:
- 12.947% to 0.26712% WI / 10.980382% to 0.206902% NRI (APO)
- 415 Producing Wells | 95 Non-Producing Wells | 4 P&A’d Wells
- 83 APO Only (Currently in BPO Status)
- An Additional ORRI in 43 Wells
- An Additional RI in 15 Wells
- An Additional Unleased Mineral Interest in 15 Wells
- Select Operators:
- Bedrock Production LLC
- Devon Energy Production Co LP
- EOG Resources Inc.
- Overriding Royalty Interest in 79 Wells:
- 0.478787% to 0.002056% ORRI
- 56 Producing Wells | 23 Non-Producing Wells
- Select Operators:
- Blackbeard Operating, LLC
- Eagleridge Operating, LLC
- XTO Energy Inc.
- 6-Month Average 8/8ths Production: 98,098 MCFPD and 172 BOPD
- 9-Month Average Net Cash Flow: $81,091/Month
- ~1,800 Net Leasehold Acres
This is an auction property. Auction ends June 10, 2020 at 1:45 pm CST. For complete due diligence information, please visit http://www.energynet.com or email Heidi Baker, Manager of Business Development, at Heidi.Epstein@energynet.com
