Marketed: Finley Resources Delaware Basin Ward County Opportunity

Transaction Type
Sellers
Marketers
Basin
Permian Basin; Delaware Basin
Field
Wolfcamp
Announce Date
Post Date
Close Date
Room Opening Date
Estimated Price
MM
Description

The following information is provided by EnergyNet. All inquiries on the following listings should be directed to EnergyNet. Hart Energy is not a brokerage firm and does not endorse or facilitate any transactions.

Finley Resources retained EnergyNet Indigo for the sale of a Delaware Basin opportunity comprising an acreage position consisting of three leases limited to the Wolfcamp Formation in the Permian in Ward County, Texas. The offering includes 11 wells including eight Wolfcamp horizontals plus two newly proposed horizontal Wolfcamp wells with average working interest of 19%, net revenue interest of 16%, current net production of 348 boe/d (81% liquids), six-month average net income of $440, 000/month and 1,283 gross (432 net) leasehold acres (100% HBP).

Bids are due March 10. The transaction is expected to close in March with an effective date of Feb. 1. A virtual data room is available. For complete due diligence information visit indigo.energynet.com or email Zachary Muroff, vice president of business development, at Zachary.Muroff@energynet.com, or Denna Arias, vice president of corporate development, at Denna.Arias@energynet.com.

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