Marketed: Pin Oak Energy Partners Operated Utica Opportunity

Transaction Type
Basin
Appalachian Basin; Utica Shale
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.

Pin Oak Energy Partners retained Detring Energy Advisors to market for sale its Utica Shale leasehold, producing properties and related assets located in the volatile oil and condensate windows in Harrison and Tuscarawas counties, Ohio.

The assets offer an attractive opportunity, Detring said, to acquire a roughly 22,000 net-acre contiguous, operated position accommodating extended laterals with a high-margin, liquids-rich production and cash flow base to fund continued development. Additionally, the opportunity includes over 900,000 net lateral feet of highly-economic undeveloped inventory supported by recent, prolific offsetting well results.

Process Summary:

  • Evaluation materials available via the Virtual Data Room on May 2
  • Proposals due on June 8

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