Marketed: Verado Energy, Partners Permian Basin Operated Horizontal Development Opportunity

Verado Energy Inc. and partners retained Core Energy Advisors for the sale of operated properties located within the Permian Basin in the Hermleigh East Field of Scurry County, Texas.

Provided by Core Energy Advisors

Verado Energy Inc. and partners retained Core Energy Advisors as their exclusive adviser for the sale of operated properties located within the Permian Basin in the Hermleigh East Field of Scurry County, Texas. The vast majority of production is from the horizontally developed Strawn Sand reservoir. The sellers’ acreage is located within the thickest portion of the Strawn reservoir. The PUDs in the sellers’ package have excellent log coverage and 360-degree type curve coverage.

Offers will be due July 27. To obtain the expected price range, contact Harrison Williams, managing principal, at Hwilliams@coreenergyadvisors.com or 713-962-1400. To obtain access to a virtual data room, contact Williams or Powers Ramsey, at Pramsey@coreenergyadvisors.com or 214-219-8208, for an NDA.

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