Marketed: Urban Oil & Gas Rockies Operated Conventional Oil

Transaction Type
Sellers
Marketers
Basin
Rockies
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.

Urban Oil & Gas retained PetroDivest Advisors to market for sale certain of its operated oil and gas leasehold, producing properties and related assets located in Campbell, Converse and Park counties, Wyoming.

The assets offer an attractive opportunity to acquire consistent, low-decline, waterflood properties underpinned by a 97% oil-weighted production stream generating meaningful next 12-month cash flow of about $5 million, with multiple economic development projects including waterflood optimization, operational efficiencies and vertical infill drilling, according to PetroDivest.

Process Summary:

  • Evaluation materials are available via the Virtual Data Room on June 22
  • Proposals are due on July 27

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

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