Marketed: Permian Mineral Opportunity, Culberson County, Texas

Transaction Type
Sellers
Marketers
Basin
Permian Basin
Announce Date
Post Date
Close Date
Room Opening Date
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.

Boulders Royalty Corp. retained Detring Energy Advisors to market for sale its oil and gas mineral and royalty interests located in northeast Culberson County, Texas.

The assets comprise of four high-interest royalty units (3.4% average interest) under imminent development and operated by Cimarex Energy Co. plus four producing and eight recently permitted wells with anticipated 2022E cash flow of over $8 million ($5 million PDP/Permit). The opportunity also includes more than 70 additional, highly economic horizontal locations across Wolfcamp and Bone Spring targets, with forecast continuous pad development of the assets, according to Detring.

Process Summary:

  • Evaluation materials available via the Virtual Data Room June 16
  • Proposals due on July 21

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

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