Marketed: Midland Basin Mineral, Royalty Position

Transaction Type
Sellers
Marketers
Basin
Permian Basin; Midland Basin
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.

A private seller is offering for sale its oil and gas mineral and royalty interests located throughout the active core of the prolific Midland Basin in the Permian across Ector, Glasscock, Martin, Midland, Reagan and Upton counties, Texas.

According to Detring Energy Advisors, which has been retained to handle the sale, the assets offer an attractive opportunity to acquire exposure to highly active operators resuming significant horizontal activity with 2022E cash flow of roughly $7 million including imminent uplift from about 130 recent DUCs/permits. The offering also includes thousands of additional undeveloped locations throughout six horizons of the most productive and economic horizontal targets in North America.

Process Summary:

  • Evaluation materials available via the Virtual Data Room June 16
  • Proposals due on July 14 

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

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