The following information is provided by Eagle River Energy Advisors LLC. All inquiries on the following listings should be directed to Eagle River. Hart Energy is not a brokerage firm and does not endorse or facilitate any transactions.
Centennial Resource Production Inc. exclusively retained Eagle River Energy Advisors LLC to divest or farm out certain operated leasehold assets in the Delaware Basin of Reeves County, Texas.
Highlights:
- Capex Investment Opportunity: ~$40 million
- Potential Horizontal Drilling Locations: 6 Horizontal Wolfcamp Wells
- Wolfcamp A IRR/RIO: 85% IRR / 3.8x
- Wolfcamp B IRR/RIO: 51% IRR / 3.0x
The transaction is expected to have a May 1 effective date.
Bids are due at 4 p.m. MT on June 2. A virtual data room will be available starting May 5.
For information contact Mallory Weaver, marketing director at Eagle River, at 720-726-6093 or mweaver@eagleriverea.com.
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