Marketed: Elephant Oil & Gas Powder River Basin Production, Leasehold
The following information is provided by Meagher Energy Advisors. All inquiries on the following listings should be directed to Meagher. Hart Energy is not a brokerage firm and does not endorse or facilitate any transactions.
Elephant Oil & Gas retained Meagher Energy Advisors for the sale of Powder River Basin production and leasehold in Wyoming’s Converse County. The offering includes 10,200 net acres (88% HBP) in the Turner/Frontier and Niobrara with April 2022 PDP net cashflow of $211,000 and 151 boe/d (74% oil).
Bids are due by March 8. The transaction is expected to close in second-quarter 2022 with an effective date of April 1. A virtual data room is available. For information visit meagheradvisors.com or contact Nick Asher, vice president of business development, at nasher@meagheradvisors.com.