Marketed: Lime Rock Resources Norge Marchand Sand Unit

Transaction Type
Sellers
Marketers
Basin
Midcontinent
Announce Date
Post Date
Close Date
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Estimated Price
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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.

Lime Rock Resources retained Detring Energy Advisors to market for sale its operated, contiguous, 100% HBP Norge Marchand Sand Unit located in western Grady County, Oklahoma.

The assets comprise substantial liquids-weighted production generating roughly $11 million of next 12-month PDP cash flow, with multiple economic development projects including highly-economic Marchand and Medrano horizontal locations, vertical refracs, returns to production and waterflood optimization, according to Detring.

Process Summary:

  • Evaluation materials available via the Virtual Data Room on Nov. 8
  • Proposals due on Dec. 15

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

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