Marketed: Diversified Permian Basin Platform with Conventional, Unconventional Projects

Transaction Type
Sellers
Marketers
Basin
Permian Basin; Central Basin Platform; Delaware Basin
Announce Date
Post Date
Close Date
Room Opening Date
Estimated Price
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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.

MECO IV LLC retained Detring Energy Advisors to market for sale Permian Basin oil and gas leasehold, minerals, surface and infrastructure assets in Winkler and Ward counties, Texas, and New Mexico’s Lea County.

The assets comprise of a concentrated, operated Central Basin Platform position with substantial production, valuable infrastructure and a multitude of economic development opportunities plus an operated “War-Wink” horizontal development program with 11 remaining highly economic locations and a nonoperated Lea County footprint in the Delaware Basin with exposure to imminent development from well-capitalized operators, according to Detring.

Process Summary:

  • A strong preference will be given to cash offers for the entirety of the properties; however, offers for sub-portions of the assets will also be considered
  • Evaluation materials available via the Virtual Data Room on Nov. 10
  • Proposals due on Dec. 15

For information visit detring.com or contact Melinda Faust at mel@detring.com or 512-296-4653.

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