Marketed: Lime Rock Resources Nonop Working Interest Assets in Core Williston Basin

Transaction Type
Basin
Williston Basin
Announce Date
Post Date
Close Date
Room Opening Date
Estimated Price
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Description

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

Eagle River Energy Advisors LLC has been exclusively retained by Lime Rock Resources to divest certain nonoperated working interest assets and associated development rights in the Williston Basin of Dunn, McKenzie and Billings counties of North Dakota through an offering closing Nov. 16.

Assets comprise roughly 17,500 net acres nonoperated leasehold and about 400 existing wells averaging about 2,640 boe/d of net production over a six-month period (74% oil / 16% gas / 10% NGL). Operators include Continental Resources, XTO Energy, Marathon Oil, Hess, Petro-Hunt and others.

The transaction is expected to have an Oct. 1 effective date.

Bids are due at 4 p.m. MT on Nov. 16. A virtual data room will be available starting Oct. 19.

For information contact Mallory Weaver, marketing director at Eagle River, at 720-726-6093 or mweaver@eagleriverea.com.