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