Saturday, November 14, 2020

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:
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN9-2020304614365731101100
BAKKEN8-202013131266325440
BAKKEN7-20200000000
BAKKEN6-2020785016354054
BAKKEN5-20200000000
BAKKEN4-2020100030300
BAKKEN3-2020263494045102272270
BAKKEN2-2020292962214671281280
BAKKEN1-2020313394185121771770
BAKKEN12-2019314025398003053005
BAKKEN11-2019305413566103283280
BAKKEN10-2019314875068774064060
BAKKEN9-2019305085356974574552
BAKKEN8-20193160764476562855870


Graphic:


 

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