Two private companies are selling nonoperated working interest in Permian Basin assets located throughout West Texas in two separate sealed-bid offerings handled by EnergyNet.The first offer is comprised of Foundation Energy Fund II LLC’s nonop interest in 17 wells in Andrews, Midland and Winkler counties, Texas. Operators include subsidiaries of Devon Energy Corp. (NYSE: DVN) and ExxonMobil Corp. (NYSE: XOM).In addition, Texoak Energy – Project 1C LLC is offering for sale its nonop working interests in 43 wells in Glasscock County, Texas. The assets are operated by Apache Corp. (NYSE: APA) and Laredo Petroleum Inc. (NYSE: LPI).
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