The following information is provided by Oil & Gas Asset Clearinghouse LLC. All inquiries on the following listings should be directed to Clearinghouse. Hart Energy is not a brokerage firm and does not endorse or facilitate any transactions.
Crown Oil & Gas Inc. retained the Oil & Gas Asset Clearinghouse to market for sale its operating working interest in Wyoming’s Sweetwater County.
Highlights:
- Operated Working Interest in 32 wells in Sweetwater County, Wyoming
- 96% Working Interest / 81% Net Revenue Interest average ownership
- 17 bbl/d of Oil / 225 Mcf/d of Gas average daily gross production (January 2021 - June 2021)
- $36,077 per month average net cash flow (August 2021 - September 2021)
- $1.43 million PV15 (PDP)
- 22,282 gross acres
- Low Risk Behind Pipe Opportunities
- Eight wells needing low risk maintenance to be restored to production
- Restored production potentially totaling 8 bbl/d of Oil and 160 Mcf/d of Gas
- Recommended worker procedures posted in the data room
Bids are due on Nov. 11. The transaction is expected to have an effective date of Nov. 1.
A virtual data room is available. For information visit ogclearinghouse.com or contact Tyler Post at tpost@ogclearinghouse.com or 972-736-5814.
Recommended Reading
EnLink Investors Vote in Favor of ONEOK Buyout
2025-01-30 - Holders of EnLink units voted in favor of ONEOK’s $4.3 billion acquisition of the stock, ONEOK announced Jan. 30.
Viper to Buy Diamondback Mineral, Royalty Interests in $4.45B Drop-Down
2025-01-30 - Working to reduce debt after a $26 billion acquisition of Endeavor Energy Resources, Diamondback will drop down $4.45 billion in mineral and royalty interests to its subsidiary Viper Energy.
Hess Corp. Bucks E&P Trend, Grows Bakken Production by 7%
2025-01-29 - Hess Corp. “continues to make the most of its independent status,” delivering earnings driven by higher crude production and lower operating costs, an analyst said.
Oil, Gas and M&A: Banks ‘Hungry’ to Put Capital to Work
2025-01-29 - U.S. energy bankers see capital, generalist investors and even an appetite for IPOs returning to the upstream space.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.