Marketed: Grizzly Energy South Scoop/Stack Package

Transaction Type
Marketers
Basin
Midcontinent; Scoop Play; Stack Play
Announce Date
Post Date
Close Date
Estimated Price
0MM
Description

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

Grizzly Energy LLC retained EnergyNet for the sale of a package of assets located in the south Scoop/Stack through a sealed-bid offering closing Nov. 7.

The offering includes operations, nonoperated working interest, royalty interest and overriding royalty interest (ORRI) in 171 properties plus leasehold acreage in Carter, Love, Marshall and Stephens counties, Okla.

Grizzly Energy is the new moniker of Vanguard Natural Resources. Following the completion of a financial restructuring in July, Vanguard emerged with the new name as well as a new focus on operating long-lived producing properties primarily in the Rockies, Permian Basin and Midcontinent regions.

The company also has two more packages on the market through EnergyNet comprised of sealed-bid opportunities in the Northern Scoop/Stack and Anadarko Southeast.

Bids for the company's south Scoop/Stack package are due by 4 p.m. CDT Nov. 7. For more information on the offering as well as other opportunities visit energynet.com or email Heidi Epstein, manager of business development, at Heidi.Epstein@energynet.com, or Denna Arias, director of transaction management, at Denna.Arias@energynet.com.