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
Unit Petroleum Co. is offering for sale producing properties and an operated saltwater gathering and disposal system in the Oklahoma Panhandle area. The company has retained BOK Financial Securities as its adviser in connection with the sale.
- 238 producing wells (50% operated well count)
- Net production: 3.1 MMcfe/d (August 2021) – 45% Liquids
- PDP PV-10: $14.1 million
- Net cash flow: $270,000 (August 2021)
- 2018 to Present Annual PDP decline: 6.8% gas / 14.7% oil
- 190 miles of water gathering lines and seven active saltwater disposal wells
- Virtual data room opens on Nov. 10
- Offers are due on Dec. 9
2022-12-02 - Founder of U.S. shale producer Continental Resources Harold Hamm says the Biden administration wants to put American industry “out of business.”
2022-09-20 - 56% of participants at Barclay's CEO Energy & Power Conference indicated they expect global oil inventories to be lower than OPEC+'s September 100,000-bbl/d output cut over the next 12 months.
2022-09-26 - Tellurian announced the canceled deals a few days after withdrawing a $1 billion high-yield bond sale that would have funded the initial construction of its proposed multibillion-dollar Driftwood LNG plants in Louisiana.
2022-09-27 - Strong demand and environmental awareness draw capital to natural gas in the upstream and midstream sectors.
2022-09-16 - The Rice University Baker Institute for Public Policy’s Political Science Fellow Mark P. Jones recently spoke to Hart Energy about some of the headwinds confronting oil and gas investors eyeing shale opportunities in Argentina’s massive Vaca Muerta formation.