Marketed: DXI Energy Piceance Basin Multizone NGL Expansion Project

Transaction Type
Sellers
Basin
Rockies; Piceance Basin
Field
Kokopelli Project
Announce Date
Post Date
Close Date
Estimated Price
MM
Description

The following information is provided by Energy Advisors Group Inc. (EAG), formerly PLS Divestment Services. All inquiries on the following listings should be directed to EAG. Hart Energy is not a brokerage firm and does not endorse or facilitate any transactions.

DXI Energy Inc. has retained Energy Advisors Group Inc. (EAG) to market a multizone NGL expansion project located in the Piceance Basin of Garfield County, Colo. DXI is also seeking a buyer for Dejour Energy (USA) Corp., a wholly owned subsidiary of DXI Energy, as part of a strategic exit of the U.S. market. 

The Kokopelli Project consists of two leases totaling 320 gross acres (68 net) in Garfield Co., Colorado. The project is part of a joint venture operated by Terra Energy Partners LLC. Dejour maintains a nonoperated working interest in the project of 25%-77% with 72%-77% lease net revenue interest between the two leases. Both leases contain a multiwell pad site with existing gross production of nine barrels per day (bbl/d) of oil and 1.316 million cubic feet per day of gas (Net: 1 bbl/d of oil and 187,000 cubic feet per day of gas) during August with a gas-weighted product mix of 74% gas, 21% condensate and 4% oil. Both leases have existing surface facilities and pipeline in place.

Click here to view the online data room or visit energyadvisors.com/deals to view our other 30-plus assignments. For more information, contact Steve Henrich, director with EAG, at shenrich@energyadvisors.com or 713-600-0123.