EnergyNet.com Inc. follows record year with strong opening quarter - MSNewsNow.com - Jackson, MS

EnergyNet.com Inc. follows record year with strong opening quarter

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SOURCE EnergyNet.com, Inc.

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 Continental Resources."

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 ethan.house@energynet.com.

Contact:
Ethan House
Director of Marketing
EnergyNet.com, Inc.
7201 I-40 W., Suite 319
Amarillo, TX 79106
Office: (405) 759-8437
Cell: (405) 255-5444
Email: ethan.house@energynet.com
www.energynet.com

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