Marketed: Eagle Land STACK Wellbore-only Opportunity
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.
Eagle Land retained Detring Energy Advisors to market for sale its nonoperated wellbore-only producing assets located in Blaine and Canadian counties, Oklahoma.
The assets offer an attractive opportunity, Detring said, to acquire a balanced revenue stream in the prolific STACK play with established production (30+ months per well) and meaningful near-term cash flow ($10.7 million next 12-month PDP) that generates high-margin, healthy returns. The assets are operated by Devon Energy, a well-capitalized, regionally focused producer offering high-quality stewardship across both pad development areas, Detring added.
Process Summary:
- Evaluation materials available via the Virtual Data Room on March 7
- Bids are due March 30
For information visit detring.com or contact Melinda Faust at mel@detring.com or 512-296-4653.