Marketed: Momentum Minerals Multibasin Assets Opportunity

Transaction Type
Sellers
Marketers
Basin
Permian Basin; South Texas; Haynesville Shale; Williston Basin
Announce Date
Post Date
Close Date
Room Opening Date
Estimated Price
MM
Description

The following information is provided by Momentum Minerals LLC. All inquiries on the following listings should be directed to Momentum Minerals and/or Tudor, Pickering, Holt & Co. Hart Energy is not a brokerage firm and does not endorse or facilitate any transactions.

Momentum Minerals LLC, a premier mineral and royalty acquisition fund, announced on Feb. 16 that Tudor, Pickering, Holt & Co. (TPH) has been retained by Momentum to seek proposals for the sale of mineral assets in the Delaware, Midland, South Texas, Haynesville and Williston basins. The offering includes seven packages of mineral assets located in the most active and prominent basins in the Lower 48— Delaware, Midland, South Texas, Haynesville and Williston—and the ability to bid on all or any combination of asset packages. Total package represents roughly 35,000 net royalty acres (1/8th normalized) with fourth-quarter 2021 total net production of about 5,800 boe/d and 2022E net production of 6,200 boe/d.

Key Process Dates:

  • Feb. 16: Virtual data room opens 
  • Feb. 17 – March 18: Management Presentations and Q&A sessions available 
  • March 22: Proposals due 
  • Direct proposal inquiries to Eric Marshall: EMarshall@tphco.com
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