Marketed: 1789 Minerals Fund I Haynesville Opportunity

Transaction Type
Sellers
Marketers
Basin
Haynesville Shale
Announce Date
Post Date
Close Date
Room Opening Date
Estimated Price
0MM
Description

The following information is provided by PetroDivest Advisors. All inquiries on the following listings should be directed to PetroDivest. Hart Energy is not a brokerage firm and does not endorse or facilitate any transactions.

1789 Minerals Fund I LP retained PetroDivest Advisors to market for sale its mineral and royalty interest in Harrison, Nacogdoches, Panola and San Augustine counties, Texas.

The assets offer an attractive opportunity, according to PetroDivest, to acquire roughly 925 net royalty acres with interest in 130 wells across the Haynesville play and net next 12-month cash flow of about $1.6 million through stable, gas-weighted production of about 1,000 net Mcfe/d (100% gas). Rapid development is also occurring across the position, PetroDivest said, with 23 wells online over the last 12 months in addition to more than 65 highly-economic remaining Haynesville and Bossier locations.

Process Summary:

  • Evaluation materials available via the Virtual Data Room on April 13
  • Bids are due May 18

For information visit petrodivest.com or contact Jerry Edrington, director of PetroDivest, at jerry@petrodivest.com or 713-595-1017.

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