Marketed: Kirkpatrick Oil Midcon, Permian, D-J, Williston Nonop Properties

Transaction Type
Sellers
Marketers
Basin
Midcontinent; Permian Basin; D-J Basin; Williston Basin
Announce Date
Post Date
Close Date
Room Opening Date
Estimated Price
MM
Description

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

Kirkpatrick Oil Co. retained PetroDivest Advisors to market for sale its nonoperated oil and gas properties, leasehold and related assets in Oklahoma, Texas, Colorado, New Mexico and North Dakota.

The assets offer an attractive opportunity to acquire a diverse and balanced production stream of roughly 240 net boe/d (56% liquids) on a low annual decline with robust next 12-month cash flow of about $1.3 million from various conventional and unconventional fields in the Midcontinent, Permian, Denver-Julesburg and Williston basins, according to PetroDivest.

Process Summary:

  • Evaluation materials available via the Virtual Data Room on Oct. 13
  • Bids due Nov. 10

For information visit petrodivest.com or contact Jerry Edrington, director of PetroDivest, at jerry@petrodivest.com or 713-595-1017.

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