Marketed: GulfTex Energy Nonoperated Oklahoma Package
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.
GulfTex Energy IV LP retained Meagher Energy Advisors for the sale of a nonoperated package of production and leasehold in Oklahoma's Grady and McClain counties.
Highlights:
- 2,154 net acres
- 65 producing wells
- Average Working Interest: 3.15% with 75% average Net Revenue Interest
- Notable operators drilling 8 wells per section; including EOG Resources Inc. and Ovintiv Inc. (fka Encana Corp.)
- Tier 1 wells and acreage located in Woodford oil window
- Wells average 70% oil, 15% NGL and 15% dry gas
Bids are due March 5. The transaction is expected to close May 1 with a March 1 effective date.
For information visit meagheradvisors.com or contact Matt Williams, vice president business development Midcontinent, at mwilliams@meagheradvisors.com or 918-481-5900.