The following information is provided by BOK Financial Securities Inc. All inquiries on the following listings should be directed to BOK Financial Securities. Hart Energy is not a brokerage firm and does not endorse or facilitate any transactions.
Eagle Oil & Gas Co. is offering for sale operated working interest in the Bryan Field Unit in Mississippi’s Jasper and Jones counties. The company has retained BOK Financial Securities as its exclusive adviser in connection with the sale.
Asset Overview:
- Includes eight operated producing wells and three operated disposal wells in the Bryan Field Unit
- Net Production: 134 bbl/d of oil
- PDP PV-10: $16.0 million
- PDP R/P: 19.8 years
- Average Interest: 90.5% Working Interest / 71.3% Royalty Interest (78.8% Net Revenue Interest)
- Current Monthly Net Cash Flow: $197,640
- Established field with over 33.7 million barrels of oil of cumulative production from the Cotton Valley, Rodessa, Sligo and Hosston formations
Process Timeline:
- May 11 – Virtual Data Room Open
- June 8 – Offers Due
For information, contact Jason Reimbold at jreimbold@bokf.com or Jeff Hawes at jhawes@bokf.com.
Recommended Reading
Primergy Solar Secures $588MM for Texas Solar Project
2024-03-11 - Primergy will develop the Ash Creek Solar project in Hill County and signed a power purchase agreement with Microsoft.
Texas Energy Storage Project Lands Exclusive Tax Equity Provider
2024-02-12 - Located near Houston, the 176-megawatt Longbow battery energy storage project is owned by Tokyo Gas America and is being developed by Clean Capital Partners.
EnCap Launches Bildmore to Invest in Hard-to-finance Clean Energy
2024-03-11 - In an effort to support hard-to-finance clean energy projects, EnCap Energy Transition Fund is launching Bildmore, a platform expected to invest in up to 15 third-party battery storage, solar and other energy transition projects per year.
Devon Energy Leads $244MM Funding Round for Fervo Energy
2024-02-29 - The funds will finance Fervo Energy’s next phase of growth as it puts to use oil and gas technology and techniques to scale geothermal energy.
Quaise Energy Raises $21MM Toward Deep Geothermal Operations
2024-03-12 - Quaise Energy will utilize a technique to vaporize rock using high-power microwaves to achieve deep geothermal energy globally.