Marketed: EnCore Permian Operated Leasehold, Minerals Opportunity

Transaction Type
Basin
Permian Basin; Delaware Basin; Midland Basin
Announce Date
Post Date
Close Date
Room Opening Date
Estimated Price
0MM
Description

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

EnCore Permian Holdings LP is offering for sale certain leasehold and producing properties located in the Permian Basin in Upton, Howard and Pecos counties, Texas.

According to PetroDivest Advisors, retained by EnCore to handle the transaction, the assets offer an attractive opportunity to acquire 1,285 net acres (100% HBP) across the core of the Midland and Delaware basins underpinned by roughly 300 boe/d of current net production and about $3.1 million PDP NTM cash flow with line-of-sight development driving material near-term growth.

Process Summary:

  • Evaluation materials available via the Virtual Data Room on April 19
  • Proposals due on May 12

For information visit petrodivest.com or contact Jerry Edrington, director of PetroDivest, at jerry@petrodivest.com or 713-595-1017.