The following information is provided by EnergyNet. All inquiries on the following listings should be directed to EnergyNet. Hart Energy is not a brokerage firm and does not endorse or facilitate any transactions.
Empire Petroleum Corp. retained EnergyNet for the sale of certain oil and gas properties and related assets located in North Dakota’s Bottineau County. The offering includes nonoperated working interest in the Starbuck Madison Unit plus 3,177 net leasehold acres.
Highlights:
- View Executive Summary on EnergyNet.com
- Nonoperated Working Interest in the Starbuck Madison Unit:
- 47.98723% Working Interest / 41.32476% Net Revenue Interest
- 13 Producing Wells | Five Active Injection Wells
- Operator: Empire North Dakota LLC
- Soix-Month Average 8/8ths Production: 96 bbl/d of Oil
- 12-Month Average Net Income: $12,027/Month
- Next 12-month: $1.4 million Gross (with PUD development)
- 3,177.00 Net Leasehold Acres
Bids are due by 4 p.m. CST March 10. The transaction is expected to have a March 1 effective date of sale.
For complete due diligence information on either package visit energynet.com or email Emily McGinley, manager of business development, at Emily.McGinley@energynet.com, or Denna Arias, vice president of corporate development, at Denna.Arias@energynet.com.
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