The following information is provided by Anderson King Energy Consultants LLC. All inquiries on the following listings should be directed to Anderson King Energy. Hart Energy is not a brokerage firm and does not endorse or facilitate any transactions.
Urban Oil & Gas Group LLC engaged Anderson King Energy Consultants LLC as its exclusive adviser in connection with the sale of certain operated producing properties primarily in the Ark-La-Tex and Midcontinent region. The assets are long-lived and oil-weighted, with significant low-risk upside opportunities.
- Predictable, Shallow‐Decline PDP Base
- Current Net Production of 741 BOEPD (71% Oil)
- 40,000 Gross (35,00 Net) Acres primarily in Ark-La-Tex and Midcontinent region
- Approximately 10% of production/acreage in Wyoming and Illinois
- Substantial Recent Reduction in Operating Costs
- Significant Inventory of Low‐Risk, High‐Return Upside Potential