Marketed: Lime Rock Resources Norge Marchand Sand Unit

Transaction Type
Basin
Midcontinent
Announce Date
Post Date
Close Date
Room Opening Date
Estimated Price
MM
Description

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.

Lime Rock Resources retained Detring Energy Advisors to market for sale its operated, contiguous, 100% HBP Norge Marchand Sand Unit located in western Grady County, Oklahoma.

The assets comprise substantial liquids-weighted production generating roughly $11 million of next 12-month PDP cash flow, with multiple economic development projects including highly-economic Marchand and Medrano horizontal locations, vertical refracs, returns to production and waterflood optimization, according to Detring.

Process Summary:

  • Evaluation materials available via the Virtual Data Room on Nov. 8
  • Proposals due on Dec. 15

For information visit detring.com or contact Melinda Faust at mel@detring.com or 512-296-4653.