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.
KONA Oil & Gas Properties retained Detring Energy Advisors to market for sale its nonoperated oil and gas interests concentrated in top resource plays throughout the Lower 48. The assets generate $71 million in operating cash flow from about 800 producing wells plus 120 DUCs and permits. Additionally, the assets include ongoing development in key regions, including the Delaware Basin, SCOOP/STACK and Williston Basin, driving continued near-term production and cash flow growth with substantial remaining undeveloped inventory offering highly economic development under top operators, according to Detring.
- Evaluation materials are available via the Virtual Data Room on July 27
- Bids are due on Aug. 31