Marketed: Permian Basin Mineral, Royalty Opportunity

Transaction Type
Sellers
Marketers
Basin
Permian Basin; Delaware Basin; Midland 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 its oil and gas mineral and royalty interests across the prolific Midland and Delaware basins in the Permian.

The assets offer an attractive opportunity, Detring said, to acquire significant near-term cash flow garnered from 180 horizontal PDP and 32 horizontal DUCs/permits plus 725 net royalty acres of diversified exposure across the two highest-returning basins in the Lower 48. Additionally, the package includes about 700 highly economic horizontal locations across the Wolfcamp, Bone Spring and Spraberry targets, with continuous pad development expected across the properties, according to Detring, from top regional operators, such as Diamondback Energy, EOG Resources, Pioneer Natural Resources among others.

Process Summary:

  • Evaluation materials are available via the Virtual Data Room on June 6
  • Bids are due on July 1

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

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