Marketed: Diversified Permian Basin Platform with Conventional, Unconventional Projects

MECO IV LLC retained Detring Energy Advisors for the sale of Permian Basin oil and gas leasehold, minerals, surface and infrastructure assets in Winkler and Ward counties, Texas, and New Mexico’s Lea County.

Hart Energy Staff

MECO IV LLC retained Detring Energy Advisors to market for sale Permian Basin oil and gas leasehold, minerals, surface and infrastructure assets in Winkler and Ward counties, Texas, and New Mexico’s Lea County.

The assets comprise of a concentrated, operated Central Basin Platform position with substantial production, valuable infrastructure and a multitude of economic development opportunities plus an operated “War-Wink” horizontal development program with 11 remaining highly economic locations and a nonoperated Lea County footprint in the Delaware Basin with exposure to imminent development from well-capitalized operators, according to Detring.

Proposals are due on Dec. 15. A strong preference will be given to cash offers for the entirety of the properties; however, offers for sub-portions of the assets will also be considered. For information visit detring.com or contact Melinda Faust at mel@detring.com or 512-296-4653.

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