Marketed: Nonop Interests, Delaware Basin Sergeant Project

New Dawn Energy LLC is offering nonoperated interests in Delaware Basin assets through a sales process being handled by Riviera-Ensley Energy Advisors.

The offer comprises a stake in the Sergeant Project in Culberson County, Texas, which is operated by Concho Resources Inc. (NYSE: CXO). The assets also include HBP acreage with production and development in the Wolfcamp, Bone Spring and Avalon formations.


  • 29 producing wells, one saltwater disposal;
  • Average net cash flow for the last 12 months of $221,000 per month (last month was $314,000 per month);
  • 2,850 HBP acres;
  • Working interest of 5.98%-6.25%;
  • Net revenue interest of 4.49%-4.69%;New Dawn Energy: Currently Monthly Production
    • 111 additional proved locations;
      • 76 proved undeveloped locations;
      • 17 Wolfcamp A;
      • 17 Wolfcamp B;
      • Seven Wolfcamp D;
      • 18 Third Bone Spring; and
    • 35 proved locations (modeled to be drilled after five years).

For information visit or contact Chris Nelson, business development manager for Riviera-Ensley, at 713-622-7332.