Marketed: Northwest Stack Nonop Working Interest

Transaction Type
Sellers
Basin
Midcontinent; Stack Play
Announce Date
Post Date
Close Date
Estimated Price
MM
Description

The following information is provided by Energy Advisors Group Inc. (EAG), formerly PLS Divestment Services. All inquiries on the following listings should be directed to EAG. Hart Energy is not a brokerage firm and does not endorse or facilitate any transactions.

KEW Drilling retained Energy Advisors Group Inc. (EAG) for the sale of nonoperated producing properties located in the northwest corridor of the Stack play in Oklahoma's Blaine, Dewey, Major and Woodward counties.

The KEW package includes about 620 net acres across 36 sections. The sale package includes an average of about 2% nonoperated working interest and about 1.6% net revenue interest (80% lease net revenue interest).

The portfolio has recent gross volumes of 2,206 barrels per day (bbl/d) of oil and 38.887 million cubic feet per day (MMcf/d) of gas. Net volumes: 38 bbl/d of oil and 572,000 cubic feet per day of gas.

The wells are operated by solid operators, including Comanche Exploration Co. LLC, Continental Resources Inc., Ovintiv Inc. (Encana/Newfield), SandRidge Energy Inc., Staghorn Petroleum LLC and Tapstone Energy LLC, listed here.

Click here to view the online data room or visit energyadvisors.com to view our other assignments.

For more information, contact Carrie Calahan, associate with EAG, at scalahan@energyadvisors.com or 713-600-0137.