Marketed: Delaware Basin Mineral Classified Interests in West Texas

A private seller retained Detring Energy Advisors for the sale of its mineral classified interests located in the core of the Delaware Basin in West Texas along the Reeves/Ward County border.

Hart Energy Staff

A private seller is offering for sale its mineral classified interests located in the highly active core of the Delaware Basin along the Reeves/Ward County border in West Texas.

The assets, according to Detring Energy Advisors which has been retained to serve as the private seller’s adviser on the transaction, offers an attractive opportunity to acquire roughly 620 acres of mineral and surface rights with structures and infrastructure supporting regional development with freshwater wells and caliche pits plus 16 highly economic undeveloped locations across three horizons of the most productive and economic horizontal targets in North America. Additionally, the offering includes 286 acres of unleased tracts allowing the potential for meaningful lease bonus income and near-term development with direct negotiation with the future operator, Detring added.

Bids are due on Nov. 10. For information visit detring.com or contact Melinda Faust at mel@detring.com or 512-296-4653.

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