Marketed: Continental Resources North STACK 200-well Package

Transaction Type
Marketers
Basin
Midcontinent; STACK Play
Announce Date
Post Date
Close Date
Room Opening Date
Estimated Price
MM
Description

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

Continental Resources Inc. retained EnergyNet for the sale of a 200-well package of conventional and unconventional assets in Oklahoma’s STACK play within the prolific Anadarko Basin through a sealed-bid offering.

The North STACK opportunity, Lot# 98043, comprises operated and nonoperated working interests, royalty interest and overriding royalty interest (ORRI) with acreage located in Alfalfa, Blaine, Kingfisher, Garfield, Major and Woods counties in Oklahoma. EnergyNet said the asset includes multiple interest types along with a 2,500 sq ft field office. The divestiture also includes a saltwater disposal well that has an 8-mile gathering pipeline.

Bids are due at 4 p.m. CDT on Oct. 27. The effective date of sale is Oct. 1. A virtual data room will be available starting Sept. 21.

For complete due diligence information visit energynet.com or email Ethan House, managing director, at Ethan.House@energynet.com, or Denna Arias, executive director of acquisitions and divestments, at Denna.Arias@energynet.com.