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.
BOKF Petro Holdings II LLC is offering for sale certain nonoperated working interest properties in Montana and North Dakota.
- 3,556 net acres concentrated in Dunn, McKenzie, Mountrail and Williams Counties, North Dakota (100% HBP)
- Net production of 573 boe/d
- PDP PV-10: $14.1 million
- Trailing Three-month average free cash flow of $299,000/month
Bids are due May 5. The transaction is expected to have a May 1 effective date.
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Michigan Governor Gretchen Whitmer last year revoked the easement for Enbridge’s Line 5 pipeline, or permission to operate, and ordered it to shut down no later than May 12.