Marketed: RDV Resources Oklahoma, Texas, Wyoming, Operated Asset

Transaction Type
Sellers
Marketers
Basin
SCOOP; Austin Chalk; Powder River Basin
Announce Date
Post Date
Close Date
Room Opening Date
Estimated Price
MM
Description

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

RDV Resources Inc. retained Meagher Energy Advisors for the sale of a multibasin operated asset divestiture located in Oklahoma, Texas and Wyoming.

The offering comprises about 166,230 net acres with net production of 7,200 boe/d with positions in the SCOOP, Austin Chalk, Powder River Basin plus waterflood assets. The package also has a $7.2 million December net cash flow and $372 million PDP PV-10.

Offers preferred for the entirety but proposals for select assets will be considered, according to Meagher.

Bids are due Oct. 26. Execution of a purchase and sale agreement is targeted in November. The transaction is expected to have a Dec. 1 effective date.

A virtual data room is available. For information visit meagheradvisors.com or contact Nick Asher, vice president of business development, at nasher@meagheradvisors.com.

Related Content