Marketed: Stephens Operated STACK Opportunity

Transaction Type
Sellers
Marketers
Basin
Midcontinent; STACK Play
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.

Stephens Natural Resources LLC and Stephens Energy Group LLC are offering for sale their oil and gas producing properties, leasehold and related assets located in the STACK play in Blaine, Kingfisher, Garfield, Payne and Logan counties, Oklahoma.

The assets offer an attractive opportunity to acquire a large and contiguous roughly 21,900 net-acre, majority-operated position underpinned by a balanced production base garnering $20 million of annual cash flow, coupled with a highly economic drill-ready development program targeting multiple de-risked formations, according to Detring Energy Advisors, which Stephens retained as its exclusive adviser relating to the transaction.

Process Summary:

  • Evaluation materials are available via the Virtual Data Room on June 15
  • Bids are due on July 20

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

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