Panola 9-Well MI/RI
Lot Number:3019
Completed
Start Time:5/3/2022 1:00:00 PM
End Time:5/10/2022 7:30:00 PM
Bid Count:18
High Bidder:L****0
Starting Bid:$100.00
Bid Increment:$250.00
Current Bid:$7,750.00
Bidding complete

This is a 9-well producing Mineral/Royalty Interest package.  All wells are horizontal.  

Wells:
Adams - Gulley HV Unit A 1H - API: 42-365-38599 (Decimal Interest 0.00002393)
Louis - Matthews HV Unit A 1H - API: 42-365-38584 (0.00001336)
Adams - Gulley HV Unit B 2H - API: 42-365-38600 (0.00001947)
Louis - Matthews HV Unit C 3H - API: 42-365-38591 (0.00001007)
Louis - Matthews HV Unit E 5H - API: 42-365-38594 (0.00000509)
Louis - Matthews HV Unit B 2HR - API: 42-365-38615 (0.00000987)
Louis - Matthews HV Unit F 6H - API: 42-365-38595 (0.00000494)
Louis - Matthews HV Unit D 4H - API: 42-365-38592 (0.00000498)
*T. C. Adams 2 - API: 42-365-31929 (0.00002434)

Note:  T.C. Adams 2 well is operated by Sheridan Production Co. III, LLC, 1360 Post Oak Blvd, Ste 2500, Houston, TX.

$207.45 7-month average income.  The check stub provided in the data package reflects the full interest owned.  The cash flow table in the data package reflects the actual interest being conveyed.


County:Panola
State:TX
Operator:Rockcliff Energy Operating, LLC
Monthly Net Income:$207.44
Additional Information:CLICK ON THE DOCUMENTS TAB FOR MORE INFORMATION
No donations for this lot

Welcome to BidEx!   This is Mid-Continent Energy Exchange’s proprietary on line auction platform.    Assets listed here are sold subject to the terms and conditions of the buyer and sellers agreements that must be executed before buying and selling.