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.
Stewart Family Foundation retained Meagher Energy Advisors for the sale of Denver-Julesburg (D-J) Basin producing and undeveloped minerals in Colorado’s Weld County.
Highlights:
- March 2022 estimated PDP net cash flow of $543,000 and 324 boe/d (60% Oil). 12 month estimated net PDP cashflow of $3.8 million.
- 894 net royalty acres, all HBP and leased at 12.5% to 15% royalty.
- 426 net royalty acres in 2 Chevron DSUs (18 wells permitted) with first production expected in 2023. An additional 68 net royalty acres contain 46 horizontal locations.
Bids are due Feb. 17. The transaction is expected to close in April with an effective date of March 1.
A virtual data room is available. For information visit meagheradvisors.com or contact Nick Asher, vice president of business development, at nasher@meagheradvisors.com.
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