Marketed: Peregrine Petroleum Western Anadarko Basin Position

Transaction Type
Basin
Midcontinent; Western Anadarko 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.

Peregrine Petroleum Partners Ltd. is offering for sale its oil and gas producing properties, leasehold, minerals and related assets located in Oklahoma’s Ellis, Roger Mills and Dewey counties within the western Anadarko Basin.

The assets, according to Detring Energy Advisors, retained by Peregrine as its exclusive advisor relating to the transaction, offer an attractive opportunity to acquire a roughly 35,000 net-acre, majority-operated, concentrated position with liquids-heavy production generating about $10 million of annual cash flow. The offering also includes a highly-economic, drill-ready development program targeting multiple de-risked formations, Detring added.

Process Summary:

  • Evaluation materials available via the Virtual Data Room on Aug. 23
  • Proposals due on Sept. 22

For information visit detring.com or contact Melinda Faust at mel@detring.com or 512-296-4653.