Marketed: QEP Non-Producing South Dakota Mineral Assets

Transaction Type
Sellers
Marketers
Basin
Rockies
Announce Date
Post Date
Close 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.

An affiliate of QEP Resources Inc. retained EnergyNet for the sale of multiple packages comprising non-producing oil and gas mineral assets in South Dakota through three, separate auctions.

The combined offerings include more than 100,000 net mineral acres across multiple counties in South Dakota including Harding and Fall River counties.

For complete due diligence information energynet.com or email Ryan Dobbs, vice president of business development, at Ryan.Dobbs@energynet.com, or Denna Arias, director of transaction management, at Denna.Arias@energynet.com.

Lot 56750

EnergyNet has been retained by QEP Energy Co. for the sale of Non-Producing Minerals (10,721.02 Net Mineral Acres) located in Harding County, S.D.

Highlights:

  • 20,348.73 Gross (10,721.02 Net) Non-Producing Minerals
  • 186 (125 Horizontal) Active Offset Producers
  • Select Area Operators include Citation Oil and Gas Corp., Continental Resources Inc., Luff Exploration Co. and Nearburg Producing Co.

Bids are due at 2:55 p.m. CST April 16.

Lot 56751

EnergyNet has been retained by QEP Energy Co. for the sale pf Non-Producing Minerals (5,273.23 Net Mineral Acres) located in Fall River County, South Dakota.

Highlights:

  • 50.00% to 0.00478% Working Interest / 36.75% to 0.004037% Net Revenue Interest
  • 6,047.23 Gross (5,273.23 Net) Non-Producing Minerals
  • Five Offset Permits:
    • Three Active Permits | One Permit in Confidential Status | One Permitted
  • 82 Active Offset Producers
  • Select Area Operators include Breitburn Operating LP, Citation Oil and Gas Corp. and Kaiser Francis Oil Co.

Bids are due at 3 p.m. CST April 16.

Lot 56752

EnergyNet has been retained by QEP Energy Co. for the sale of Non-Producing Minerals (about 91,120 Net Mineral Acres) located in multiple counties in South Dakota.

Highlights:

  • 172,544.61 Gross (91,119.58 Net) Non-Producing Minerals
  • 12 Offset Permits
  • 203 Active Offset Producers
  • Select Area Operators include Citation Oil and Gas Corp., Clark Blake Production LLC, Continental Resources Inc., Luff Exploration Co. and Nearburg Producing Co.

Bids are due at 3:05 p.m. CST April 16.