Marketed: Nonop Working Interest Wellbore Only Assets in Texas, New Mexico, Oklahoma

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.

Eagle River Energy Advisors LLC has been exclusively retained by Merced Capital LP to divest certain nonoperated working interest wellbore only assets in Texas, New Mexico and Oklahoma.

Highlights:

• Multibasin Working Interest Assets
  • ~985 boe/d net production (four-month average)
  • Diversified reserve base (Gas 47% / Oil 32% / NGL 21%)
  • $7.6 million annualized cash flow (four-month average)
  • 22 existing nonoperated PDP wells (wellbore only)
• Highlight Diversified Production Profile
  • Asset diversification across Karnes, Gonzales and La Salle counties in Texas, Dewey and Blaine counties in Oklahoma, and Lea County in New Mexico
  • Highly diversified production stream by well vintage
  • Existing well production from the Eagle Ford, Bone Springs and Mississippian formations
  • Multiple experienced operators including Marathon Oil, 1776 Energy, Prima Exploration and Staghorn Petroleum
• Engineered Reserves
  • ~2,715 Net Mboe / $34.7 million PV-10
  • Oklahoma: $15.2 million PV-10 (44%)
  • Texas: $13.4 million PV-10 (39%)
  • New Mexico: $6.1 million PV-10 (17%)

Bids are due 4 p.m. MT on Dec. 8. The effective date of the transaction is Dec. 1.

A virtual data room will be available starting Nov. 10. For information contact Chris Martina, technical director at Eagle River, at 720-726-6092 or cmartina@eagleriverea.com.