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