Marketed: Diversified Permian Basin Mineral, Royalty Package

Transaction Type
Sellers
Marketers
Basin
Permian Basin; Delaware Basin; Midland 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 has retained Detring Energy Advisors to market for sale its oil and gas mineral and royalty interests across the prolific Midland and Delaware basins.

The assets offer an attractive opportunity, according to Detring, to acquire roughly 1,300 net royalty acres of diversified exposure across the two highest-returning basins in the Lower 48 and significant near-term cash flow garnered from 79 horizontal PDP and 24 horizontal DUCs/permits. The offering also includes 300 additional, highly economic horizontal locations across the Wolfcamp, Bone Spring and Spraberry targets, with continuous pad development expected across the properties, Detring added.

Process Summary:

  • Evaluation materials available via the Virtual Data Room on Feb. 16
  • Proposals due on March 16

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

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