Marketed: EnerVest Nonop Nora Field Natural Gas Opportunity

Transaction Type
Sellers
Marketers
Basin
Appalachian Basin
Field
Nora Field
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.

EnerVest Energy Institutional Fund XIV-1A LP has retained Detring Energy Advisors to market for sale a 15% nonoperated position in its Nora Field assets located in Virginia and West Virginia.

The package includes upstream properties, gathering pipelines, disposal wells and a compressor fleet located in Virginia’s Dickenson, Buchanan, Wise and Russell counties and West Virginia’s Clay and Kanawha counties. Underpinned by strong, shallow-decline production, low royalty burdens, advantaged pricing, and a top conventional operator (EnerVest Ltd.), the asset yields robust and predictable cash flow and provides substantial optionality across the fully HBP position, Detring said.

Process Summary:

  • Evaluation materials available via the virtual data room on June 3
  • Proposals due July 1

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

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