EnergyNet.com Inc. follows record year with strong opening quarter
AMARILLO, Texas, May 1, 2014
AMARILLO, Texas, May 1, 2014 /PRNewswire/ --EnergyNet.com, Inc. celebrated
its most successful year in 2013, recording more than $202 million in property
sales and capturing more than 74% of market share for number of auction lots
sold. Rather than slowing down, the marketplace has continued to outperform,
with EnergyNet posting over $44 million in sales for Q1 2014.
The Continuous Oil and Gas Property Marketplace.
"Investors are responding in force to our continuous oil and gas property
marketplace," says William Britain, President and CEO. "Sellers can divest
assets whenever they're ready, and buyers know there are always properties
available to buy. We have a robust and steady flow of acquisition
opportunities coming to market this year."
To date, during 2014, EnergyNet has sold 1,295 properties for 125 unique
sellers, and closed auctions on 41 individual days.
"Last year was our biggest ever, then first quarter 2014 continued that trend,
and we've already closed more than $72 million in property sales as of May 1,
2014," says Britain. "The market knows! Some of the selling companies include
Devon, EnCana, Chevron, Shell, Bill Barrett Corp, EnerVest, Newfield, and
EnergyNet offers efficient oil and gas auction, sealed bid and negotiated sale
services that facilitate transactions of producing working interests (operated
and non-operated), overrides, royalties, mineral interests, and non-producing
leasehold. EnergyNet is a continuous oil and gas property marketplace with due
diligence and bidding available 24/7/365, where transactions close weekly.
Most of the properties EnergyNet markets are located in the lower 48 United
States and typically range in value from $1,000 to $50,000,000. Using an
Internet platform, EnergyNet allows buyers the flexibility and convenience of
conducting their acquisition and divestment activities online.
Read more about EnergyNet's sales history online at www.energynet.com (see the
"Sales Results" menu item at the top of the site). For more information,
contact Ethan House, Director of Marketing: (405) 759-8437 or
Director of Marketing
7201 I-40 W., Suite 319
Amarillo, TX 79106
Office: (405) 759-8437
Cell: (405) 255-5444
Logo - http://photos.prnewswire.com/prnh/20110413/DA82174LOGO
SOURCE EnergyNet.com, Inc.
Press spacebar to pause and continue. Press esc to stop.