Marketed: KONA Oil & Gas Nonoperated Multibasin Opportunity

Transaction Type
Sellers
Marketers
Basin
Permian/Delaware Basin; Williston Basin; SCOOP/STACK Play
Announce Date
Post Date
Close Date
Room Opening Date
Estimated Price
0MM
Description

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.

KONA Oil & Gas Properties retained Detring Energy Advisors to market for sale its nonoperated oil and gas interests concentrated in top resource plays throughout the Lower 48. The assets generate $71 million in operating cash flow from about 800 producing wells plus 120 DUCs and permits. Additionally, the assets include ongoing development in key regions, including the Delaware Basin, SCOOP/STACK and Williston Basin, driving continued near-term production and cash flow growth with substantial remaining undeveloped inventory offering highly economic development under top operators, according to Detring.

Process Summary:

  • Evaluation materials are available via the Virtual Data Room on July 27
  • Bids are due on Aug. 31

For information visit detring.com or contact Melinda Faust at mel@detring.com or 512-296-4653.

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