Winter Ridge Energy LLC

Transaction Type
Sellers
Marketers
Post Date
Close Date
Estimated Price
MM
Description

Winter Ridge Energy LLC, a Denver-based portfolio company of Kayne Anderson Capital Advisors, has retained Scotia Waterous (USA) Inc. to sell all of its assets, largely concentrated in the Powder River Basin of Wyoming.

The package includes interests in 58,800 net acres in approximately 243 producing wells in three areas, primarily in northeastern Wyoming as well as the Big Horn Basin and the Piceance Basin in Colorado. Current net production is 560 barrels of oil equivalent per day (96% oil; 98% operated). Proved reserves are 7.3 million barrels of oil equivalent (7.9 million equivalent proved plus probable) as estimated by Cawley, Gillespie & Assoc. Reserves are concentrated in three areas including Gillette in Campbell and Crook counties, Wyoming; Skull Creek and North Skull Creek in Weston County, Wyoming; and Finn-Shurley Field in Weston County, Wyoming.

The bid due date is in mid-April. Contact David Cecil, 713-437-5063, david_cecil@scotiawaterous.com.