Marketed: Eagle Land STACK Wellbore-only Opportunity

Transaction Type
Sellers
Marketers
Basin
STACK Play
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.

Eagle Land retained Detring Energy Advisors to market for sale its nonoperated wellbore-only producing assets located in Blaine and Canadian counties, Oklahoma.

The assets offer an attractive opportunity, Detring said, to acquire a balanced revenue stream in the prolific STACK play with established production (30+ months per well) and meaningful near-term cash flow ($10.7 million next 12-month PDP) that generates high-margin, healthy returns. The assets are operated by Devon Energy, a well-capitalized, regionally focused producer offering high-quality stewardship across both pad development areas, Detring added.

Process Summary:

  • Evaluation materials available via the Virtual Data Room on March 7
  • Bids are due March 30

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

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