Marketed: Powder River Basin, Rockies Nonop Working Interest Package

Transaction Type
Marketers
Basin
Powder River Basin; Rockies
Announce Date
Post Date
Close Date
Room Opening Date
Estimated Price
MM
Description

The following information is provided by EnergyNet. All inquiries on the following listings should be directed to EnergyNet. Hart Energy is not a brokerage firm and does not endorse or facilitate any transactions.

Black Falcon Energy LLC retained EnergyNet as the exclusive adviser to assist with the sale of certain oil and gas properties and related assets located in the Powder River Basin and Rockies region of Colorado, North Dakota and Wyoming through a sealed-bid offering closing Aug. 25.

The assets, comprised of nonoperated working interest in a 376 well package plus 108 undeveloped locations, are being offered by Black Falcon as managing company for Jamestown Resources LLC, Larchmont Resources and Pelican Energy LLC.  Select Operators include Bonanza Creek Energy, Chesapeake Operating Inc. and Devon Energy.

Bids are due at 4 p.m. CDT on Aug. 25. The transaction is expected to have an effective date of July 1.

A data room is available. For complete due diligence information on any of the packages visit energynet.com or email Cody Felton, vice president of business development, at Cody.Felton@energynet.com, or Denna Arias, vice president of corporate development, at Denna.Arias@energynet.com.