Marketed: Apache Powder River Basin Farm-In Opportunity

Transaction Type
Powder River Basin
Announce Date
Post Date
Close Date
Room Opening Date
Estimated Price

The following information is provided by Meagher Energy Advisors. All inquiries on the following listings should be directed to Meagher. Hart Energy is not a brokerage firm and does not endorse or facilitate any transactions.

Apache Corp. retained Meagher Energy Advisors for a cash and carry farm-in opportunity in the Powder River Basin.

Apache is seeking a partner to fund a 2019 test well and one additional well in 2020 in exchange for a 40% interest in the play. Apache will retain operatorship in 2019 and 2020.


  • Large-scale unconventional prospect with multiple oil-rich, stacked-pay targets
  • Mowry and Niobrara primary target formations with upside potential in the Muddy
  • About 100,000 net acre position with favorable tenure
  • Mix of federal, state, and fee minerals
  • Three test wells drilled to date with 42 degree API oil production
  • About 83.5 Average Net Revenue Interest

Proposals are due April 19. For information visit or contact Nick Asher, vice president of business development at Meagher, at or 303-721-6354 ext. 260.