Marketed: Peach Creek Petroleum Texas Gulf Coast Operated Sales Package

Transaction Type
Sellers
Marketers
Basin
Texas Gulf Coast
Announce Date
Post Date
Close Date
Room Opening Date
Estimated Price
MM
Description

The following information is provided by Energy Advisors Group (EAG). 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.

Peach Creek Petroleum LLC retained Energy Advisors Group (EAG) to market a Texas Gulf Coast operated sales package. The offering comprises 20,000 net acres, 67 producers, 54 behind-pipe opportunities with a multi bench reserve base including the Wilcox, Frio, Yegua and Miocene targets in Colorado, Lavaca and Wharton counties, Texas. Net operating cash flow is projected to per roughly $3.5 million per year.

Process Details:

  • Virtual data room to go live on April 18 with bids due May 19.
  • Offer instructions and purchase and sale agreement will be posted two weeks before the bid date

For more information, email co-project leads Sara Davis, EAG vice president, at sdavis@energyadvisors.com, or Rich Martin, EAG director, at rmartin@energyadvisors.com.

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