The following information is provided by Oil & Gas Asset Clearinghouse LLC. All inquiries on the following listings should be directed to Clearinghouse. Hart Energy is not a brokerage firm and does not endorse or facilitate any transactions.
Impetro Resources LLC retained Oil & Gas Asset Clearinghouse LLC for the sale of an operated working interest package in Colorado's Washington, Morgan, Elbert and Logan counties. The offering includes interest in 83 wells plus leasehold acreage in the Denver-Julesburg Basin. Impetro is a subsidiary of Lilis Energy Inc., according to a filing with U.S. Securities and Exchange Commission.
Highlights:
- Operated working interest in 73 producing wells, seven injection wells and three shut-in wells
- 98.6% working interest / 80.9% net revenue interest
- 11,491 gross (11,330 net) acres
- Currently operated by Impetro, operator willing to contract operate the field upon divestiture
- 294 gross (236 net) barrel per day average oil production
- Flat decline profile due to water drive reservoir
- $152,000 per month average net cash flow (excluding worker expense)
- $11 million proved developed producing PV-10 value
Bids are due April 16. An electronic data room is available.
For information visit ogclearinghouse.com or contact Matt Stowers at mstowers@ogclearinghouse.com or 214-725-5371.
Recommended Reading
Barrell Energy Raises Funds to Deepen Smackover Footprint
2025-04-08 - Barrell Energy said it plans to increase its portfolio company Barrell Lithium’s leasehold to approximately 40,000 acres within the Smackover play.
Inpex to Acquire Renewable Energy Portfolio in Australia
2025-02-06 - Inpex Corp.’s JV will acquire a 4-gigawatts portfolio that includes wind, solar and battery energy storage system assets in Australia.
New Era Helium Signs NatGas Deal to Supply Permian Data Center Campus
2025-03-02 - The AI data center project will be developed on 200 acres of land the Texas Critical Data Centers joint venture will be acquiring. The project is expected to be online by the end of 2026.
Continental Resources Signs JV to Explore Shale Oil, Gas in Turkey
2025-03-12 - Early evaluations from the joint venture between Continental Resources, Türkiye Petroleum and TransAtlantic Petroleum suggest ultimate recoverable reserves could reach 6 Bbbl of oil and 32 Tcf to 65 Tcf of gas.
NOG Spends $67MM on Midland Bolt-On, Ground Game M&A
2025-02-13 - Non-operated specialist Northern Oil & Gas (NOG) is growing in the Midland Basin with a $40 million bolt-on acquisition.