Certain oil and gas properties and related assets located in the Delaware Basin (the “Properties”) owned by Wheat Energy Partners, LLC (the “Seller”) are being offered for sale. EnergyNet (“EN”) has been retained by Wheat Energy Partners, LLC as the exclusive advisor to assist with this transaction. ID: 70105. Bids Due: 9/30/2020 at 4:00 PM CDT. Effective date of sale is 10/15/2020.

OPPORTUNITY HIGHLIGHTS

2,034.072 Net Non-Producing Leasehold Acres

  • 00% GWI / Delivering a 75.00% NRI on all Leases
  • 4 Permits on Subject Acreage
  • Leases Expire March 2021 thru December 2022
  • 00 Net Acres have 2-Year Option to Extend
  • 1,799.9999 Net Acres Subject to Depth Restrictions

3 Offset Rigs

765 Offset Permits

  • 323 Active | 8 Drilled | 155 Drilling/DUC | 66 Completed | 213 Permitted

1,459 Active Offset Producers

Select Area Operators:

•          Anadarko E&P Onshore LLC

  • BP America Production Company

•         Chevron U.S.A. Inc.

  • Concho

•          Noble

  • OXY USA

LEASEHOLD DETAILS

•          Section 6 Block 56 T2

  • 640 Net Acres with rights to all depths below 10,414

•          Section 22 Block C-7

  • 640 Net Acres with rights to all depths below 10,750

•          Section 42 Block 57 T2

  • 520 Net Acres with rights to all depths below 9,839 ft

•          S/2 of Section 139 Block 1

  • 1 Net Acres with rights to all depths.

 

 


 

Bids Due: 9/30/2020 at 4:00 PM CDT. Effective date of sale is 10/15/2020.  For complete due diligence information, please visit http://www.energynet.com or contact Denna K. Arias, Vice President, Corporate Development, EnergyNet.com, O 832-403-3125 [email protected]

 


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