Bayswater Exploration & Production LLC
Transaction Type
Marketers
Basin
DJ
Post Date
Close Date
Estimated Price
0MM
Description
Bayswater Exploration & Production LLC has retained Meagher Energy Advisors to sell certain horizontal Niobrara assets in Nebraska.
The package includes 100% working interest (81% net revenue interest) in 37,000 gross acres (35,000 net) in a contiguous acreage block in the northern DJ Basin, with a majority of leases featuring a five-year term with optional five-year extension.
Bayswater has control in 50 sections with more than 50% working interest. The target formation is the Niobrara B chalk and thermal maturity in oil generation window is documented.
The bid due date is June 23. The effective date is July 1. Contact Julia Foster, (303) 721-6354 ext. 229, jfoster@meagheradvisors.com.