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.
Highlights:
- 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
Process Timeline
- Virtual data room opens on Nov. 10
- Offers are due on Dec. 9
For information, contact Jason Reimbold at jreimbold@bokf.com or Jeff Hawes at jhawes@bokf.com.
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