Marketed: Daylight Petroleum Operated North Central Texas Assets

Transaction Type
Basin
Midcontinent
Announce Date
Post Date
Close Date
Room Opening Date
Estimated Price
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Description

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.

Daylight Petroleum LLC retained Detring Energy Advisors to market for sale certain of its oil and gas leasehold, producing properties and related assets located in various counties in northern Texas.

The assets offer an attractive opportunity, Detring said, to acquire a robust, stable production base with an oil-weighted product mix and long-term cash flow bolstered by attractive operating margins plus multiple opportunities for further field development through horizontal targeting of conventional reservoirs and continuation of an ongoing return-to-production program.

Evaluation materials are available via the Virtual Data Room on May 11. Bids are due on June 15. For information visit detring.com or contact Melinda Faust at mel@detring.com or 512-296-4653.