Marketed: Rubicon Oil & Gas II Central Basin Platform Opportunity

Transaction Type
Sellers
Marketers
Basin
Permian Basin; Central Basin Platform
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.

Rubicon Oil & Gas II LLC retained Detring Energy Advisors LLC to market for sale its oil and gas leasehold and related interests located in Winkler County, Texas.

The assets offer an attractive opportunity to acquire (i) resilient, high-margin cash flow due to low operating costs and consistent, distributed production from 49 wellbores; (ii) an oil-weighted production base generating about 1,600 boe/d (~80% oil) on a predictable decline profile; and (iii) a turn-key development program with proven results and substantial remaining inventory, including saltwater disposal infrastructure, primed to take advantage of improving oil prices.

Process Summary:

  • Evaluation materials available via the Virtual Data Room on April 5
  • Proposals due on May 5

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

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