Marketed: Oil-weighted Operated Portfolio Across Texas, New Mexico, Wyoming

Transaction Type
Sellers
Basin
Rockies; Permian 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 retained Detring Energy Advisors to market for sale certain of its oil and gas leasehold related assets across Texas, New Mexico and Wyoming.

Detring described the offering as a diversified investment portfolio that balances geographic consolidation and value concentration providing an attractive opportunity to acquire resilient, high-margin cash flow due to efficient operations and oil-weighted production. Additionally, the firm noted that the assets could serve as a launchpad operational platform to execute numerous identified development opportunities, which could substantially add to the current, stout production profile.

The assets are primarily located in Wyoming’s Campbell, Crook and Johnson counties and Pecos, Upton, Crockett and Schleicher counties, Texas, and while they are being offered as a single package, the seller may consider offers for subsets of the footprint, according to Detring.

Process Summary:

  • Evaluation materials available via the Virtual Data Room
  • Proposals due on July 14
  • While Seller may consider offers for subsets of the asset, preference will be given to total package bids

For information visit detring.com or contact Jerry Edrington at jerry@petrodivest.com or 713-595-1017.