Marketed: Whiting Petroleum Redtail Assets, Weld County, Colorado

Transaction Type
Basin
D-J Basin; Niobrara Shale
Announce Date
Post Date
Close Date
Room Opening Date
Estimated Price
MM
Description

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

Whiting Petroleum Corp. retained Meagher Energy Advisors for the sale of its Retail upstream and midstream assets in Colorado’s Weld County. The offering includes shallow decline, horizontal Niobrara producing properties and wholly owned midstream assets supplement operating margins and cash flows with significant production of 8,321 boe/d (70% liquids).

Bids are due June 2. The transaction is expected to have a June 1 effective date.

A virtual data room is available. For information visit meagheradvisors.com or contact Nick Asher, vice president of business development, at nasher@meagheradvisors.com.