The following information is provided by Eagle River Energy Advisors. All inquiries on the following listings should be directed to Eagle River Energy Advisors. Hart Energy is not a brokerage firm and does not endorse or facilitate any transactions.
Eagle River Energy Advisors, LLC has been exclusively retained by The Petroleum Synergy Group, Inc. (“Seller”) to divest certain non-operated leasehold working interests across America.
The assets provide the opportunity to acquire a balanced commodity mix stream that generated $2.1MM of 2022 cash flow from ~127 BOE/D of net production. Additionally, this package is diversified by well count, well vintage, commodity and operator with locations spread across the United States, with simplified accounting with the majority of wells in unitized projects. Lastly, these assets exhibit a stable and shallow production with a decline of ~7%.
- Advantageous commodity mix
- Stable and shallow production with a decline of ~7%
- Diversified across numerous wells, formations, counties and operators
- Consistent high margin production averaging $42 /boe (TTM)
- Simplified accounting with majority of wells in unitized projects
Bids are due at 4:00 p.m. MT on April 13. For complete due diligence information, please visit eagleriverenergyadvisors.com or Michael Stolze, senior managing director at MStolze@EagleRiverEA.com or Austin McKee, managing director, at AMcKee@EagleRiverEA.com.
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