The following information is provided by Eagle River Energy Advisors LLC. All inquiries on the following listings should be directed to Eagle River. Hart Energy is not a brokerage firm and does not endorse or facilitate any transactions.
Eagle River Energy Advisors LLC has been exclusively retained by a private seller to divest certain wellbore only, nonoperated working interests spread across four core counties in the heart of the Williston Basin in North Dakota.
The assets provide the opportunity to acquire a significant oil-weighted production stream that generated $2 million of annualized cash flow from 123 boe/d of net production. Additionally, this package is diversified by well count, well vintage, commodity and operator with locations spread across multiple counties in North Dakota. Lastly, these assets exhibit both low lifting costs ($11.42/boe) and high net operating margin realizing 80% of revenue.
Bids are due at 4 p.m. MT on June 2. The transaction effective date is July 1. A virtual data room will be available starting May 16 For information contact Chris Martina, technical director at Eagle River, at 720-726-6092 or email@example.com.