The following information is provided by Energy Advisors Group (EAG). All inquiries on the following listings should be directed to EAG. Hart Energy is not a brokerage firm and does not endorse or facilitate any transactions.

Peach Creek Petroleum LLC retained Energy Advisors Group (EAG) to market an Alabama waterflood sale package.

Located in Alabama’s Clarke and Baldwin counties, the package includes 5,400 net acres (100% HBP) and 37 producers targeting the Eutaw, Massive and Pilot Sands formations in the South Carlton Field with net operating cash flow projected at around $2.3 million per year.

Highlights:

  • Waterflood Expansion Opportunity in the South Carlton Field
  • Targeting Upper and Lower Tuscaloosa Eutaw, Pilot and Massive Sands
  • 5,400-Net Acres Unitized in Clarke and Baldwin Cos., Alabama
  • PDP PV-10 of $19.7 Million
  • Operated Position With ~100% Working Interest & 80%  Net Revenue Interest
  • 300 bbl/d of Oil Gross Production From 37 Active Producers
  • $2.34 Million/Year Projected Net Operating Cash Flow
  • Net Waterflood PV-10: $64.8 million | Net Reserves: 7,039 Mbbl
Energy Advisors Group Peach Creek Petroleum Asset Locator Map
Peach Creek Petroleum Asset Locator Map (Source: Energy Advisors Group)
Energy Advisors Group Peach Creek Petroleum Pilot and Massive Type Log
Peach Creek Petroleum Pilot and Massive Type Log (Source: Energy Advisors Group)

Bids are due May 19. A virtual data room is available.

Peach Creek Petroleum also retained EAG to market a Texas Gulf Coast operated sales package with bids also due May 19.

For more information, email co-project leads Sara Davis, EAG vice president, at sdavis@energyadvisors.com, or Rich Martin, EAG director, at rmartin@energyadvisors.com.

Onshore