Marketed: Patriot Field Service Oklahoma Leasehold Acreage

Transaction Type
Basin
Midcontinent
Announce Date
Post Date
Close Date
Estimated Price
0MM
Description

The following information is provided by Oil & Gas Asset Clearinghouse LLC. All inquiries on the following listings should be directed to Clearinghouse. Hart Energy is not a brokerage firm and does not endorse or facilitate any transactions.

Patriot Field Services LLC retained Oil & Gas Asset Clearinghouse LLC for the sale of Oklahoma leasehold acreage in sealed-bid offerings closing May 29.

The offerings are comprised of a leasehold package in Dewey County, Okla., and a separate package of leasehold in various Oklahoma counties including Blaine, Canadian, Major, McClain and Stephens counties.

Dewey County, Okla., Package

Highlights:

  • Total leasehold 421 Net Mineral Acreage
  • 80% lease
  • Primary term expires 2021

Various Oklahoma Counties Package

Highlights:

  • Total leasehold 328.43 Net Mineral Acreage
  • 15.66 Net Mineral Acreage HBP
  • 75% to 87.5% lease
  • Majority of original term expires in 2021

Bids for both offerings are due May 29. For information visit ogclearinghouse.com or contact Patrick DaPra, vice president of negotiated transactions for Clearinghouse, at pdapra@ogclearinghouse.com or 832-60-7655.