Marketed: Stranded Oil Resources Teapot Dome Stacked-Pay Opportunity

Transaction Type
Sellers
Marketers
Basin
Rockies
Field
National Petroleum Reserve 3
Announce Date
Post Date
Close Date
Room Opening Date
Estimated Price
MM
Description

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

Stranded Oil Resources Corp. retained PetroDivest Advisors to market for sale its oil and gas properties, leasehold and related assets in Wyoming's Natrona County.

The sale, which represents a basin-wide exit, offers an opportunity to acquire a substantial base of fully operated oil production, steeped in historical significance with decades of supporting technical documentation, and an ongoing test of future waterflood potential, according to PetroDivest. The former National Petroleum Reserve 3 (NPR3) includes mineral rights with about 9,000 acres of surface rights available separately, providing freedom for future development.

Process Summary:

  • Evaluation materials available via the virtual data room on July 15
  • Proposals due Aug. 19

For information visit petrodivest.com or contact Jerry Edrington, director of PetroDivest, at jerry@petrodivest.com or 713-595-1017.

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