63.77+/- net mineral acres out of 128+/- gross acres in Hempfield and Sewickley Townships, Westmoreland County, Pennsylvania. The seller will consider selling more than 50% of these oil, gas and mineral rights. This acreage is held by production by a producing, Diversified Oil & Gas LLC, shallow well. * Owner shall maintain all rights to free house gas per existing oil and gas lease.
Conventional driller Diversified Oil & Gas LLC purchased a $400 million unconventional acquisition in the Appalachian Basin from HG Energy LLC in 2019.
Apex Energy, Chevron, Huntley & Huntley and EQT are all active in this area.
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Property Agent
Covey Wise
- Phone Number:
- 412-758-8167
- Email:
- cwise@cx-energy.com
-
Tagline:
63.77+/- Net Mineral Acres
Westmoreland County, PA
Hempfield and Sewickley Twps - Address: Westmoreland County, PA, USA
- State: Pennsylvania
- County: Westmoreland County
- Township: Hempfield
- Net Mineral Acres: 63.77+/- NMA
- Unitized: Yes - Shallow Well
- Well/Unit Name: Serro 8
- Lessee Name: Atlas
- Lease Date: HBP
- Primary Term: HBP
- Extension Term: HBP
- Royalty Rate: HBP
- Royalty Type: 12.5%