OKLAHOMA CITY—Upstream oil and gas asset packages are increasingly being carved into a la carte offerings to attract winning bidders, according to Jason Reimbold, managing director of E&P asset-marketer BOK Financial Securities Inc.

In the past, most offerings went to a single winning bidder. “It was an exception in years past where … an offering was split between a couple of buyers, [each] interested in pieces,” Reimbold told attendees at Hart Energy’s recently held DUG Midcontinent conference and exhibition.

Today, “the exception is finding a single buyer for an entire asset as opposed to selling the asset in strategic lots,” he said.

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