Marketed: Tiptop Energy Production Powder River Basin Leasehold

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

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

Tiptop Energy Production US LLC retained EnergyNet for the sale of Powder River Basin assets in Wyoming through a sealed-bid offering closing June 28.

The offer includes roughly 4,000 net leasehold acreage, majority of which is depth limited, in Campbell County, Wyo.

Highlights:

  • 4,198.32 Net Leasehold Acres
    • 100% of Oil and Gas Leases for Non-Producing Tracts (Delivering 80.29% Average Net Revenue Interest)
    • 213.12 Net Non-Producing State Leasehold Acres
    • Majority of Leasehold is Depth Limited
  • 122 Offset Permits
    • Eight Active | Two Completed | Eight Confidential | Seven Drilled | 97 Permitted
  • 766 Active Offset Producers
  • Select Area Operators include Anschutz Oil Co. LLC, EOG Resources Inc., Peak Powder River Resources LLC and Petro-Hunt LLC

Bids are due by 4 p.m. CDT June 28. For complete due diligence information energynet.com or email Emily McGinley, manager of business development, at Emily.McGinley@energynet.com, or Denna Arias, director of transaction management, at Denna.Arias@energynet.com.