SOLD: 5,354.3+/- Net Mineral Acres – Operator Owned

SOLD:  5,354.3+/- Net Mineral Acres - Operator Owned
cxprospect

5,354+/- Net Mineral Acres – Operator Owned
Potter County, Pennsylvania
Sharon and Oswayo Townships

Acreage breakdown:

  • 1,700 Fee Simple Mineral Acres—Surface to Center of Earth
  • 1,700 Acres HBP – 0 – 1/8th burden
  • 745 Fee Simple Mineral Acres—Surface to 2,000’, 2,500’ or 3,000’
  • 1,209.3 Acres HBP—Surface to 2,000’, 2,500’ or 3,000’ – 0 — 1/8th burden

Listing highlights:

  • Above HBP Acreage Held by 111 conventional wells
  • Approximately $100,000 net annual income from the 111 producing conventional wells
  • 100,000’ of pipeline right-away
  • Existing interconnection/meter station in National Fuel Pipeline at NYMEX + 0.10 cents
  • Existing Oriskany well has potential for being drilled as unconventional horizontal well or disposal well
  • 2 Compression Stations
  • 2 Acre Yard (Land) with shop
  • Seller is willing to stay on as consultant/well operator

Download the property portfolio for additional information. Portfolio Download

Contact Bill Smith to make an offer, 412-999-7612 or wsmith@cx-energy.com

Click To Download CX-Energy Listings Sheet Updated 9/11/2015

Leave a Reply

Your email address will not be published. Required fields are marked *