Marketed: Midland Basin Mineral, Royalty Interests

Transaction Type
Sellers
Marketers
Basin
Permian Basin; Midland Basin
Announce Date
Post Date
Close Date
Room Opening Date
Estimated Price
0MM
Description

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

A private seller retained PetroDivest Advisors as the exclusive adviser in connection with the offering for sale its oil and gas mineral and royalty interests in the core of the Midland Basin. 

The assets being offered include a considerable, non-concentrated footprint in one of the highest-returning basins in the Lower 48, according to PetroDivest, with exposure to premier operators drilling extended laterals utilizing current generation completion techniques and substantial near-term cash flow from about 160 recent DUCs/permits plus thousands of additional undeveloped locations throughout seven horizons boasting highly economic returns.

Process Summary:

  • Evaluation materials available via the Virtual Data Room on July 15
  • Bids are due Aug. 12.

The seller anticipates PSA execution by early September and closing by late October. For information visit petrodivest.com or contact Jerry Edrington, director of PetroDivest, at jerry@petrodivest.com or 713-595-1017.

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