Marketed: North Dakota Waterfloods, Bottineau and Renville Counties

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

A private seller retained Energy Advisors Group (EAG) to market certain Williston Basin operated assets located in Bottineau and Renville counties, North Dakota. The assets were previously marketed by EAG in 2019/2020 and sold to a private company that is now rationalizing its diverse geographic properties. These assets are comprised of long-life, high-value conventional waterfloods in the Madison Pool with Bluell & Sherwood potential. They offer solid consistency and upside in a $70 to $120 oil market, with cash flow currently exceeding $600,000/month.

Divestiture Process: Asset Sale. Bids are due Aug. 2. Upon execution of a confidentiality agreement, EAG will provide access to confidential evaluation material in the virtual data room. For more information, email EAG directors Steve Henrich at shenrich@energyadvisors.com, or Alan Yoelin at ayoelin@energyadvisors.com.