Marketed: Samson Resources Powder River Basin Position

Transaction Type
Marketers
Basin
Powder River Basin
Announce Date
Post Date
Close Date
Room Opening Date
Estimated Price
0MM
Description

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

Samson Resources II LLC retained EnergyNet for the sale of Powder River Basin oil and gas properties through a sealed-bid offering closing June 24.

The offer includes a roughly 48,000 net-acre position plus operated wells in Johnson County, Wyo.

Highlights:

  • About 48,000 net acres (75% HBP)
  • Shallow coalbed methane rights excluded on select leases
  • Seven operated wells with current average 8/8ths production of 208 barrels per day of oil
  • Hummingbird Federal Unit approved and operated by Samson (25,000 net acres)
  • Area operators include ATX Energy Partners LLC, Anschutz Exploration Corp. and EOG Resources Inc.

For complete due diligence information energynet.com or email Ethan House, vice president of business development, at Ethan.House@energynet.com, or Denna Arias, director of transaction management, at Denna.Arias@energynet.com.