Nine Point Energy --> Bowline Energy --> Neptune Operating

Updates

March 4, 2024: This is so amazing, so incredible, so rewarding. At the time of the original post, a reader gave me enough information to suggest that Neptune Operating was a wholly owned subsidiary of Kraken. Now, today, the reader sent me confirmatory evidence that Neptune Operating is, indeed, a wholly-owned subsidiary of Kraken. 

Mailing address:

Neptune Operating LLC
9805 Katy Fwy Ste 300
Houston, TX 77024-1269

Compare with the mailing address of Kraken. 

In addition, according to the reader, Neptune royalties are paid by the same "banking facility" that pays Kraken royalties.

I should ask the reader about the telephone numbers for each company. LOL.

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Original Post

Note: 

Neptune Operating LLC and Kraken Marketing LLC share the same address suggesting Neptune is a wholly-owned subsidiary of "Kraken."

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Neptune Operating Is Now The Operator For The Kay Arnson Well

Bowline went into bankruptcy. Assets were bought by Kraken. Apparently not all Bowline wells were bought by Kraken. Neptune Operating got at least one. Official date for Kay Arnson well from Bowline to Neptune Operating: February 21, 2023.

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Bowline

Nine Point Energy went into bankruptcy and came out as a new company: Bowline Energy. 

October 9, 2022 --one well.

Runs	NDIC File Number	Name		Aug 22	Jul 22	Jun 22	May 22
	21361	Kay  Arnson USA 34-35H		584	585	299	599
Total				584	585	299	599

November 14, 2020 -- one well.

• 21361, 860, Nine Point Energy, Kay Arnson USA 34-35H, Strandahl, t5/12; cum 134K 9/20; recent production:
  

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	9-2020	30	461	436	573	110	110	0
BAKKEN	8-2020	13	131	266	325	4	4	0
BAKKEN	7-2020	0	0	0	0	0	0	0
BAKKEN	6-2020	7	85	0	163	54	0	54
BAKKEN	5-2020	0	0	0	0	0	0	0
BAKKEN	4-2020	1	0	0	0	30	30	0
BAKKEN	3-2020	26	349	404	510	227	227	0
BAKKEN	2-2020	29	296	221	467	128	128	0
BAKKEN	1-2020	31	339	418	512	177	177	0
BAKKEN	12-2019	31	402	539	800	305	300	5
BAKKEN	11-2019	30	541	356	610	328	328	0
BAKKEN	10-2019	31	487	506	877	406	406	0
BAKKEN	9-2019	30	508	535	697	457	455	2
BAKKEN	8-2019	31	607	644	765	628	558	70

Graphic: