Marketed: Arkoma Basin Nonop Working Interest, ORRI Assets

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 a private seller to divest certain nonoperated working interest, overriding royalty interest (ORRI) and mineral assets in the Arkoma Basin in Oklahoma.

The assets provide the opportunity, according to Eagle River, to acquire a gas-weighted production stream of 436 Mcfe/d diversified with 40 PDP wells across Hughes County, Oklahoma. Additionally, the package has stable production with an average well age of 4.5 years and is projected to make $814,000 in net cash flow over the next 12 months. Lastly, the asset provides a shallow decline of 10% with low operating costs of $0.35/Mcfe.

Bids are due at 4 p.m. MT on Dec. 14. The transaction effective date is Jan. 1. A virtual data room will be available starting Nov. 16. For information contact Chris Martina, technical director at Eagle River, at 720-726-6092 or cmartina@eagleriverea.com.