Marketed: Delaware Basin Mineral Classified Interests in West Texas

Transaction Type
Sellers
Marketers
Basin
Permian Basin; Delaware Basin
Announce Date
Post Date
Close Date
Room Opening Date
Estimated Price
MM
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.

A private seller is offering for sale its mineral classified interests located in the highly active core of the Delaware Basin along the Reeves/Ward County border in West Texas.

The assets, according to Detring Energy Advisors which has been retained to serve as the private seller’s adviser on the transaction, offers an attractive opportunity to acquire roughly 620 acres of mineral and surface rights with structures and infrastructure supporting regional development with freshwater wells and caliche pits plus 16 highly economic undeveloped locations across three horizons of the most productive and economic horizontal targets in North America. Additionally, the offering includes 286 acres of unleased tracts allowing the potential for meaningful lease bonus income and near-term development with direct negotiation with the future operator, Detring added.

Process Summary:

  • Evaluation materials available via the Virtual Data Room on Oct. 13
  • Proposals due on Nov. 10

For information visit detring.com or contact Melinda Faust at mel@detring.com or 512-296-4653.

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