Marketed: Pony Oil Operating Delaware Minerals Acquisition Opportunity

Transaction Type
Sellers
Marketers
Basin
Permian Basin; Delaware 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.

Pony Oil Operating LLC retained Detring Energy Advisors to market for sale its oil and gas mineral and royalty interests located throughout New Mexico’s Lea and Eddy counties in the Delaware Basin.

The assets, according to Detring, have exposure to best-in-class operators focusing significant horizontal activity on Pony’s footprint with next 12-month cash flow of roughly $2.5 million including near-term uplift from about 650 recent DUCs/permits. The offering also includes over 1,800 additional undeveloped locations throughout four horizons described by Detring as the most productive and economic horizontal targets in North America.

Process Summary:

  • Evaluation materials available via the Virtual Data Room on July 26
  • Proposals due on Aug. 25

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

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