Marketed: SilverBow Resources Powder River Basin Minerals

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

The following information is provided by Energy Advisors Group Inc. (EAG), formerly PLS Divestment Services. All inquiries on the following listings should be directed to EAG. Hart Energy is not a brokerage firm and does not endorse or facilitate any transactions.

Energy Advisors Group Inc. (EAG) has been retained by SilverBow Resources Inc. to market certain Powder River Basin override interests in Wyoming's Campbell, Converse and Niobrara counties. The asset includes stacked pay opportunities (over 5000 ft), solid cash flow and experienced operators.

Highlights:

  • Powder River Basin Sale Package
  • About 10,692 Acres. 342 Net Mineral Acres. 48 PDP. 10 DUC
  • Campbell, Converse and Niobrara Counties
  • Parkman, Teapot and Turner Formations
  • About 1.6% Average Override Interest
  • Gross Production: 4,056 bbl/d of Oil and 31.203 MMcf/d of Gas
  • Net Production: 43 boe/d
  • Net Cash Flow: about $47,560 per month
  • 10 EOG DUCs Will Increase Cash Flow
  • Overriding Royalty Interest Under Solid Operators

Click here to view the online data room or visit energyadvisors.com/deals to view our other 30-plus assignments.

For more information, contact Richard Martin, director of special projects and execution with EAG, at rmartin@energyadvisors.com or 214-774-2495.

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