Marketed: PennEnergy Resources Warrior North Utica Shale Opportunity

Transaction Type
Sellers
Marketers
Basin
Appalachian Basin; Utica Shale
Announce Date
Post Date
Close Date
Room Opening Date
Estimated Price
0MM
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.

PennEnergy Resources LLC retained Detring Energy Advisors to market for sale its Utica Shale producing properties, leasehold and related assets located in Carroll County, Ohio.

According to Detring, the assets offer an attractive opportunity to acquire (i) an operated, 98% HBP, contiguous, “turn-key” position with robust infrastructure in place to facilitate growth; (ii) a liquids-rich production and cash flow base to fund development; and (iii) long-lateral undeveloped inventory with over 160,000 total lateral ft on lease.

Process Summary:

  • Evaluation materials available via the Virtual Data Room on Jan. 14
  • Proposals due on Feb. 17

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

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