Marketed: Sue-Ann Operating Sheridan Lease, Colorado County, Texas

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.

Sue-Ann Operating LC retained EnergyNet for the sale of a Mohat Field opportunity along the Texas Gulf Coast in Colorado County through a sealed-bid offering closing Aug. 5.

Highlights:

  • Operations in the Sheridan Lease:
    • 100.00% WI / 71.60% NRI
    • Two Producing Wells | One Saltwater Disposal Well
  • Six-month Average 8/8ths Production: 102 bbl/d of Oil
    • Current Rate: 110 bbl/d of Oil
  • Six-month Average Net Income: $86,332/Month
    • June Cash Flow: ~$140,000
  • 88.00 Gross/Net HBP Leasehold Acres
  • Operator Bond Required
  • Deed of Trust to be Released at Closing

EnergyNet Marketed Map - Sue-Ann Operating Sheridan Lease Colorado County Texas

Bids are due at 4 p.m. CST on Aug. 5. For complete due diligence information on any of the packages visit energynet.com or email Ethan House, vice president of business development, at [email protected], or Denna Arias, vice president of corporate development, at [email protected].

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