The following information is provided by Detring Energy Advisors LLC. All inquiries on the following listings should be directed to Detring. Hart Energy is not a brokerage firm and does not endorse or facilitate any transactions.
CUDA Energy LLC retained Detring Energy Advisors to market for sale its large, contiguous roughly 16,500 net-acre-position in the prolific Powder River Basin in Wyoming’s Converse and Natrona counties. The assets offer the opportunity to acquire nonoperated working interest underneath a focused operator with a production base generating roughly $5 million in cash flow (next 12-month). Detring added that near-term production growth is driven by an active miscible gas flood program and exposure to horizontal development potential across multiple stacked-pay targets.
- Evaluation materials available via the Virtual Data Room on Jan. 5
- Proposals due on Feb. 4