Marketed: Nonop Wellbore WI Opportunity in Williston Basin

A private seller retained Eagle River Energy Advisors LLC for the sale of certain wellbore only, nonoperated working interests spread across four core counties in the heart of the Williston Basin in North Dakota.

Provided by Eagle River Energy Advisors

Eagle River Energy Advisors LLC has been exclusively retained by a private seller to divest certain wellbore only, nonoperated working interests in North Dakota. The assets provide the opportunity to acquire a significant oil-weighted production stream that generated $2 million of annualized cash flow from 123 boe/d of net production. Additionally, this package is diversified by well count, well vintage, commodity and operator with locations spread across multiple counties in North Dakota. Lastly, these assets exhibit both low lifting costs ($11.42/boe) and high net operating margin realizing 80% of revenue.

Bids are due at 4 p.m. MT on June 2. The transaction effective date is July 1. A virtual data room will be available starting May 16 For information contact Chris Martina, technical director at Eagle River, at 720-726-6092 or cmartina@eagleriverea.com.

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