Marketed: Wylease Niobrara Shale Cloud Peak Opportunity

Transaction Type
Marketers
Basin
D-J Basin
Field
Niobrara Shale
Announce Date
Post Date
Close Date
Estimated Price
MM
Description

Wylease LLC has retained EnergyNet for the sale of working interest in the Niobrara Shale of Converse County, Wyoming in the Cloud Peak 3874-8-5-1NH. The lot# 116231 package includes four amended DUCs.

Opportunity Highlights:

  • Wellbore Only in the Cloud Peak 3874-8-5-1NH:
    • 8.08% WI / 6.22% NRI
    • Projected Formation: Niobrara
    • Total Participation Cost: $1,118,035.81
    • Estimated Spud Date of 03/15/2024
  • Seller Elected to Participate
  • Operator: WRC Energy, LLC
  • 27 Offset Permits
    • Amended: 4 DUC | 11 Permitted
    • New Drill: 2 Confidential | 7 DUC | 3 Permitted
  • 146 Active Offset Producers
  • Select Offset Operators:
    • Continental Resources, Inc.
    • Impact Exploration & Production, LLC
    • Northwoods Operating, LLC

Bids are due May 1 at 2 p.m. CDT. For complete due diligence, please visit energynet.com or email Emily McGinley, managing director, at Emily.Mcginley@energynet.com or Jessica Scott, buyer relations, at Jessica.Scott@energynet.com.

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