Pin Oak Energy Partners retained Detring Energy Advisors to market for sale its Utica Shale leasehold, producing properties and related assets located in the volatile oil and condensate windows in Harrison and Tuscarawas counties, Ohio. The assets offer an attractive opportunity, Detring said, to acquire a roughly 22,000 net-acre contiguous, operated position accommodating extended laterals with a high-margin, liquids-rich production and cash flow base to fund continued development. Additionally, the opportunity includes over 900,000 net lateral feet of highly-economic undeveloped inventory supported by recent, prolific offsetting well results.
Evaluation materials are available via the Virtual Data Room on May 2. Proposals are due on June 8. For information visit detring.com or contact Melinda Faust at email@example.com or 512-296-4653.