Marketed: Alpine Gas Investors Southeast Mississippi Conventional Oil Opportunity

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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.

Alpine Gas Investors LP has retained PetroDivest Advisors to market for sale its oil and gas leasehold, producing properties and related assets throughout various counties in Southeast Mississippi.

The assets offer an attractive opportunity, PetroDivest said, to acquire an oil-weighted production base generating roughly 225 boe/d (93% oil) from 31 active wells on an established, low decline with about 3,500 net acres 100% HBP including two active waterfloods and substantial upside opportunities through return-to-production workovers, 12 behind pipe recompletions and four undeveloped new drill locations to unlock additional production, reserves and cash flow.

Process Summary:

  • Evaluation materials are available via the Virtual Data Room on June 13
  • Proposals are due on July 27

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

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