Marketed: Private Seller Eagle Ford ORRI Opportunity

Transaction Type
Sellers
Marketers
Basin
Eagle Ford Shale
Announce Date
Post Date
Close Date
Room Opening Date
Estimated Price
MM
Description

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

A private seller retained PetroDivest Advisors to market for sale its diversified overriding royalty interests (ORRI) located across Texas and North Dakota. 

The seller’s assets offer an attractive opportunity, PetroDivest said, to acquire a concentrated footprint in the core of the Eagle Ford covering about 2,200 net royalty acres underneath premier, highly-active operators including Repsol and ConocoPhillips and meaningful production from 400 producing wells with imminent near-term growth driven by 17 DUCs and 15 Permits generating $3.1 million next 12-month cash flow (PDP/DUC/Permit).

Process Summary

  • Evaluation materials available via the Virtual Data Room on March 21
  • Bids are due on April 20

For information visit petrodivest.com or contact Jerry Edrington, director of PetroDivest, at jerry@petrodivest.com or 713-595-1017.

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