The following information is provided by Eagle River Energy Advisors LLC. All inquiries on the following listings should be directed to Eagle River. Hart Energy is not a brokerage firm and does not endorse or facilitate any transactions.
Eagle River Energy Advisors LLC has been exclusively retained by a private seller to divest certain nonoperated working interest, overriding royalty interest (ORRI) and mineral assets in the Arkoma Basin in Oklahoma.
The assets provide the opportunity, according to Eagle River, to acquire a gas-weighted production stream of 436 Mcfe/d diversified with 40 PDP wells across Hughes County, Oklahoma. Additionally, the package has stable production with an average well age of 4.5 years and is projected to make $814,000 in net cash flow over the next 12 months. Lastly, the asset provides a shallow decline of 10% with low operating costs of $0.35/Mcfe.
Highlights:
- Diversified Asset Base
- Production of 436 Net Mcfe/d is 49% gas (January 2023)
- Well seasoned production with average well age of 4.5 years
- Operators include Blackbeard, Trinity and Calyx
- Well Count by Interest – 9 mineral interest/40 ORRI/28 working interest
- Shallow forecasted decline rate of ~10%
- Highly Profitable Asset
- Production primarily from Woodford formation
- Operating costs of $0.35/Mcfe (last 12-month average)
- Last 12-month net cash flow = $597,000
- PDP PV-10 = $4.0 million; PDP PV-20 = $2.7 million

Bids are due at 4 p.m. MT on Dec. 14. The transaction effective date is Jan. 1.
A virtual data room will be available starting Nov. 16. For information contact Chris Martina, technical director at Eagle River, at 720-726-6092 or cmartina@eagleriverea.com.
Recommended Reading
Woodside, Jera Sign Winter-Only Supply Deal
2025-06-20 - Woodside will supply Jera with 200,000 metric tons of LNG a year over the course of the contract, but only during the cold months of December, January and February, according to a Reuters report.
Right Risk, High Return: Aethon Jumps on Elevated NatGas Prices
2025-06-19 - Aethon Energy is navigating an uncertain market with cautious optimism as the company explores riskier opportunities that can help meet power demand growth, says President and Partner Gordon Huddleston.
IPAA’s Newest Chief Roughneck: $50 Oil ‘Not What We Need’
2025-06-19 - Permian Basin-focused operator Don Sparks told fellow wildcatters, after receiving the IPAA’s lifetime achievement award, that Washington should be helping the U.S. industry assure national security, and that won’t happen at $50 oil.
Oil Prices Up Nearly 3% as Israel-Iran Conflict Escalates, US Response Remains Uncertain
2025-06-19 - Oil prices jumped almost 3% on June 19 as a week-old air war between Israel and Iran escalated and uncertainty about potential U.S. involvement kept investors on edge.
First Gas Flows from Germany’s Third LNG Regasification Platform
2025-06-19 - The FSRU Excelsior is part of the Wilhelmshaven 2 terminal, with a planned capacity of up to 445 MMcf/d of natural gas.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.