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.
DJ Homestead retained Meagher Energy Advisors for the sale of certain operated and nonoperated assets in the core of the Denver-Julesburg (D-J) Basin in Colorado’s Weld, Adams and Larimer counties. The offering includes a “unique opportunity to acquire a substantial, high margin operated PDP position with minimal operational complexity,” Meagher said.
Highlights:
- Consolidated operational footprint with 38 operated and 121 nonoperated horizontals in Tier 1 Niobrara and Codell
- 7,500 boe/d May net production (80% Liquids) from diversified commodity mix
- May 2022 PDP net cash flow of $16.1 million (92% operated from 38 horizontals), next 12-month PDP net cash flow forecast of $135 million
- 2,721 net leasehold acres (100% HBP) and 156 net mineral acres
- Near term nonoperated undeveloped locations add 494 net boe/d and $930,000/month net cashflow by January 2023
Bids are due May 24. The transaction has an effective date of May 1. A purchase and sale agreement is expected to be executed in June.
For information visit meagheradvisors.com or contact Nick Asher, vice president of business development, at nasher@meagheradvisors.com.
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