Marketed: 1789 Minerals Fund I Haynesville Opportunity

1789 Minerals Fund I LP retained PetroDivest Advisors for the sale of its Haynesville mineral and royalty interest in Harrison, Nacogdoches, Panola and San Augustine counties, Texas.

Provided by PetroDivest Advisors

1789 Minerals Fund I LP retained PetroDivest Advisors to market for sale its mineral and royalty interest in Harrison, Nacogdoches, Panola and San Augustine counties, Texas.

The assets offer an attractive opportunity, according to PetroDivest, to acquire roughly 925 net royalty acres with interest in 130 wells across the Haynesville play and net next 12-month cash flow of about $1.6 million through stable, gas-weighted production of about 1,000 net Mcfe/d (100% gas). Rapid development is also occurring across the position, PetroDivest said, with 23 wells online over the last 12 months in addition to more than 65 highly-economic remaining Haynesville and Bossier locations.

Evaluation materials are available via the Virtual Data Room on April 13. Bids are due May 18. For information visit petrodivest.com or contact Jerry Edrington, director of PetroDivest, at jerry@petrodivest.com or 713-595-1017.

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