Marketed: Maverick Natural Resources Michigan Basin Operated Position

Transaction Type
Marketers
Basin
Michigan Basin; Antrim Shale
Announce Date
Post Date
Close Date
Room Opening Date
Estimated Price
MM
Description

Maverick Natural Resources LLC is exiting its entire Michigan Basin operated position providing buyers an opportunity to acquire attractive oil producing conventional assets with strong cash flow, low PDP decline and significant infill development opportunities, according to EnergyNet Indigo, which Maverick retained as the exclusive adviser with the transaction. The sealed-bid offering comprises a 296 well package with operations and overriding royalty interest (ORRI) plus leasehold and minerals in various counties in Michigan.

Bids are due at 4 p.m. CDT on April 14. The effective date of the sale is April 1. A virtual data room is available. For complete due diligence information visit indigo.energynet.com or email Cody Felton, vice president of business development, at Cody.Felton@energynet.com, or Denna Arias, vice president of corporate development, at Denna.Arias@energynet.com.