Learn more about Hart Energy Conferences
Get our latest conference schedules, updates and insights straight to your inbox.
The following information is provided by Eagle River Energy Advisors LLC. All inquiries on the following listings should be directed to Eagle River. Hart Energy is not a brokerage firm and does not endorse or facilitate any transactions.
Eagle River Energy Advisors LLC has been exclusively retained by affiliates of Windsor Energy for the divestiture of certain working interest and royalty interest assets and associated development rights in the Williston, Appalachian and Piceance basins of North Dakota, Ohio and Colorado.
Highlights:
Multibasin Assets with Nonoperated, Royalty and Operated Interests
- Assets distributed across three U.S. Onshore Basins
- Williston Basin: Overriding Royalty, Nonoperated and Operated
- Appalachian Basin: Nonoperated Wellbores and Royalty
- Piceance Basin: Overriding Royalty
- ~$4.3 million anticipated 2021 net cash flow
- 52% Williston / 39% Utica / 9% Piceance
Diversified Production Base
- ~189 existing wells
- ~4,055 Mcfe /d net production (April 2021 Forecast)
- 62% Gas / 19% Oil / 19% NGL
- Balance of oil weighted & gas weighted producing assets
- Diversified across multiple, Basin leading operators, including Gulfport Energy Corp., Slawson Exploration Co. Inc., EOG Resources Inc., Lime Rock Resources, Terra Energy Partners LLC, Ascent Resources LLC and others
Engineered Reserves
- ~11.9 Bcfe / $11.2 million PV-10 PDP net Reserves
- 38% Williston / 44% Utica / 18% Piceance
- Significant near-term upside in the Williston Basin with the
- Completion of 6 new Slawson wells, 7 additional permits and 60 PUD locations in the Middle Bakken and Three Forks 1st & 2nd
- Sizeable resource potential in undeveloped lands in the Utica Shale
The transaction is expected to have an April 1 effective date.
Bids are due at 4 p.m. MT on April 14. A virtual data room will be available starting March 16.
For information contact Mallory Weaver, marketing director at Eagle River, at 720-726-6093 or mweaver@eagleriverea.com.
Recommended Reading
Granite Ridge Resources Declares Quarterly Dividend
2024-02-20 - Granite Ridge Resources’ dividend is payable March 15.
Permian E&P Midway Energy Partners Secures Backing from Post Oak
2024-02-09 - Midway Energy Partners will look to acquire and exploit opportunities in the Permian Basin with backing from Post Oak Energy Capital.
JMR Services, A-Plus P&A to Merge Companies
2024-03-05 - The combined organization will operate under JMR Services and aims to become the largest pure-play plug and abandonment company in the nation.
Matador Resources Declares Quarterly Dividend
2024-02-14 - Matador Resources will pay a $0.20 dividend on March 13 to shareholders of record by Feb. 23.
Uinta Basin: 50% More Oil for Twice the Proppant
2024-03-06 - The higher-intensity completions are costing an average of 35% fewer dollars spent per barrel of oil equivalent of output, Crescent Energy told investors and analysts on March 5.