Marketed: White Rock Oil & Gas Northern Midland Basin Waterflood Properties

White Rock Oil & Gas retained PetroDivest Advisors for the sale of the Welch Unit waterflood properties in the northern Midland Basin of the Permian Basin in Dawson and Terry counties, Texas.

Provided by PetroDivest Advisors

White Rock Oil & Gas retained PetroDivest Advisors to market for sale its Welch Unit waterflood properties in the northern Midland Basin in Dawson and Terry counties, Texas. The assets offer an attractive opportunity, PetroDivest said, to acquire strong, low-decline, and oil-weighted net production and cash flow, about 4,700 operated net acres with interest in 161 producers and injectors, and multiple identified opportunities for field redevelopment and waterflood optimization to unlock additional production, reserves and cash flow.

Evaluation materials are available via the Virtual Data Room on May 11. Bids are due on June 9. For information visit petrodivest.com or contact Jerry Edrington, director of PetroDivest, at jerry@petrodivest.com or 713-595-1017.

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