NCK14-0664

79+/- Net Mineral Acres
Butler County, PA
Winfield Township

79+/- net mineral acres in Winfield Township, Butler County, Pennsylvania.

This acreage is leased at 15%, net with Penn Energy from the Elk Formation to the center of the earth.

1/4 of an acre is in the Penn Energy—Per 45 Unit. This unit recently went into production.

The remaining acreage is in the Penn Energy—Per W32 Unit. This unit has 1 SPUD well and 2 permitted laterals that cross this acreage. These permits are active until July 2020.

The Seller owns the shallow rights and has 2 producing shallow wells on the property. The Seller is uncertain about conveying those rights at this time.


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Property Agent

  • Natalie Kalmeyer

Phone Number:
724-933-1311
Email:
nkalmeyer@cx-energy.com
  • Tagline: 79+/- Net Mineral Acres
    Butler County, PA
    Winfield Township 
  • Address: Butler County, PA, USA 
  • State: Pennsylvania 
  • County: Butler County 
  • Township: Winfield 
  • Net Mineral Acres: 79+/- 
  • Unitized: Yes 
  • Well/Unit Name: Per 45 & Per 32 
  • Lessee Name: Penn Energy 
  • Lease Date: HBP 
  • Primary Term: HBP 
  • Extension Term: HBP 
  • Royalty Rate: 15% 
  • Royalty Type: Net