Marketed: Urban Oil & Gas Rockies Operated Conventional Oil

Urban Oil & Gas retained PetroDivest Advisors for the sale of operated oil and gas leasehold, producing properties and related assets located in Campbell, Converse and Park counties, Wyoming.

Provided by PetroDivest Advisors

Urban Oil & Gas retained PetroDivest Advisors to market for sale certain of its operated oil and gas leasehold, producing properties and related assets located in Campbell, Converse and Park counties, Wyoming.

The assets offer an attractive opportunity to acquire consistent, low-decline, waterflood properties underpinned by a 97% oil-weighted production stream generating meaningful next 12-month cash flow of about $5 million, with multiple economic development projects including waterflood optimization, operational efficiencies and vertical infill drilling, according to PetroDivest.

Evaluation materials are available via the Virtual Data Room on June 22. Proposals are due on July 27. For information visit petrodivest.com or contact Jerry Edrington, director of PetroDivest, at jerry@petrodivest.com or 713-595-1017.

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