Marketed: Casillas Petroleum, Hugoton, SCOOP/STACK/Merge Opportunity

Transaction Type
Sellers
Marketers
Basin
Midcontinent; Hugoton; SCOOP/STACK/Merge
Announce Date
Post Date
Close Date
Room Opening Date
Estimated Price
0MM
Description

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

Casillas Petroleum retained Detring Energy Advisors to market for sale its operated and nonoperated leasehold and producing properties located throughout Kansas and Oklahoma.

The assets offer an attractive opportunity to acquire 521 producing wells throughout the Hugoton and SCOOP/STACK/Merge with a well-established production base of 8.7 MMcfe/d (78% gas) and a low, predictable about 10% next 12-month decline generating next 12-month PDP cash flow of $12.2 million including a significant inventory of low-cost development opportunities comprised of both behind pipe recompletions and green field development.

Process Summary:

  • Evaluation materials are available via the Virtual Data Room on Nov. 7
  • Bids are due on Dec. 7

For information visit detring.com or contact Danny Rathan at danny@detring.com or 713-240-5375.

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