Maxus Energy Corp., a U.S.-based subsidiary of Argentina’s state-owned YPF SA, is selling its overriding royalty interests (ORRI) in more than 3,500 wells across five states in a sealed-bid offering handled by EnergyNet.The assets are located in Oklahoma, Texas, Louisiana, New Mexico and Wyoming. Operators include Apache Corp. (NYSE: APA), BP Plc (NYSE: BP) and XTO Energy Inc., among others.The assets recently averaged more than $125,000 in monthly net income, according to EnergyNet.
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Source: Daily Dose of ShaleDirectories.com News
February 23, 2017