EnergyNet’s easy-to-use exclusively-online oil and gas auction service facilitates the sale of producing working interests (operated and nonoperated), overrides, royalties, mineral interests and nonproducing leaseholds. With due diligence materials to view and properties to bid on every day of the year, EnergyNet is the only continuous online oil and gas marketplace, and a leader in the industry.
The principal officers within EnergyNet have more than 130 years of combined experience in the oil and gas industry. EnergyNet has operated a continuous exclusively-online oil and gas marketplace for more than 14 years, having conducted more than 41,000 individual property transactions for more than 4,100 unique sellers.
EnergyNet conducted the historic first online mineral lease sales for the Federal Bureau of Land Management (BLM), the Federal Deposit Insurance Corporation (FDIC) and the States of North Dakota, Utah and Colorado. EnergyNet clients include major oil companies, bank trust departments, foundations, churches, universities, large independents and individuals. EnergyNet’s technological reach presents an oil and gas property portfolio to thousands of buyers with multibillion-dollar buying power, maximizing divestment returns by enabling sellers to achieve the highest industry prices for properties and drive down costs as well. This foundation, coupled with extensive past performance in the market, provides EnergyNet with solid comprehension of the oil and gas industry.
Most properties sold by EnergyNet are in the contiguous 48 states and range from $1,000 to $20 million. Using an Internet platform gives EnergyNet buyers the flexibility and convenience of conducting their acquisition and divestment activities online, and provides a level playing field for all participants, regardless of their physical location.
Offering a range of services beyond the auction, including escrow of sales and document recording, EnergyNet brings many advantages to its sellers who can structure sales to fit their needs, place properties for sale when it is most convenient for them, and let potential buyers bid or make offers over a fixed time period.
Headquartered in Amarillo, Texas, with business development representatives in Denver, Oklahoma City, Dallas, Detroit, and Houston, EnergyNet is well established to reach all oil and gas producing provinces and companies. EnergyNet is a member of FINRA and operates in accordance with regulation by the SEC.