Marketed: Kaiser-Francis Oil Wyoming Niobrara/Codell Sand Assets

Transaction Type
Marketers
Field
Niobrara/Codell Sand
Announce Date
Post Date
Close 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.

Kaiser-Francis Oil Co. retained EnergyNet for the sale of Wyoming Niobrara/Codell Sand assets in Laramie County through a sealed-bid offering closing May 15.

Highlights:

  • 1,378.3233 Net Non-Producing Leasehold Acres
    • 100% of Oil and Gas Leases (Delivering an 85.00% to 54.166667% Net Revenue Interest)
  • One Active Offset Rig
  • 861 Offset Permits (356 Horizontal Codell/Codell Sand | 481 Horizontal Niobrara)
    • 48 Active | Three Completed | 287 in Confidential Status | 31 Drilled/Drilling | 492 Permitted
  • 300 Active Offset Producers
    • 227 Horizontal Codell Sand | 70 Horizontal Niobrara
  • Select Area Operators include Anadarko E&P Onshore LLC, EOG Resources Inc., Samson Exploration LLC and Ward Petroleum Corp.

Bids are due by 4 p.m. CDT May 15. For complete due diligence information energynet.com or email Ethan House, vice president of business development, at Ethan.House@energynet.com, or Denna Arias, director of transaction management, at Denna.Arias@energynet.com.