|
Gordon Penny as A/I/F for Nancy Page
has retained EnergyNet to divest a San Juan Basin Multiple Well
Package (ORRI) —AMARILLO, TX, September 2008, (www.energynet.com) – Gordon Penny, as A/I/F for Nancy Page is currently selling 5 San Juan Basin lots containing various Overriding Royalty Interests in multiple wells located in Rio Arriba and San Juan Counties, New Mexico. Operated by Burlington Resources Oil & Gas Company, Energen Resources Corporation, BP America Production Company, Devon Energy Corporation, ConocoPhillips Company, XTO Energy, Inc., Robert L. Bayless, Coleman Oil & Gas, Inc., Schalk Development Company, Merrion Oil & Gas Corporation, Dugan Production Corporation, Noble Energy, Inc., and RC Resources Corporation.Properties produced in the aggregate 390,566 MCFPD and 41 BOPD over the past six (6) month reported period, as to 8/8ths. The average aggregate monthly cash flow for these lots is approximately $96,256.76, net to interest.The
auction close date for this package is September 30, 2008. For more
information regarding these properties visit our website at
http://www.energynet.com or call us Toll Free (877) 351.4488. You must be a pre-certified, registered and accredited investor in accordance with SEC Rule 501, of Regulation D, to evaluate or purchase properties on EnergyNet.com. Data and listings on EnergyNet.com do not constitute a public offering and are made available only to qualified persons. Data and listings on EnergyNet.com do not constitute an offer or solicitation to purchase or sell oil and gas properties. This notice is intended for distribution only to sophisticated and knowledgeable parties. INVESTMENTS IN OIL AND GAS PROPERTIES INVOLVES SUBSTANTIAL RISK, INCLUDING POSSIBLE LOSS OF PRINCIPAL. |

