Marketed: Stephens Natural Resources North Louisiana Working Interest

Transaction Type
Sellers
Marketers
Basin
North Louisiana
Announce Date
Post Date
Close Date
Room Opening Date
Estimated Price
0MM
Description

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

Stephens Natural Resources LLC retained PetroDivest Advisors to market for sale its oil and gas leasehold and related assets in Bossier, Bienville, Jackson, Lincoln and Ouachita parishes, Louisiana.

The assets offer an attractive opportunity to acquire a well-balanced operated and nonoperated position underpinned by a 4.9 MMcfe/d low-decline, gas-weighted production stream generating $10 million of next 12-month PDP cash flow, according to PetroDivest. A significant inventory of high-returning development locations remains across the roughly 8,700 net-acre position (100% HBP), the firm added.

Process Summary:

  • Evaluation materials available via the Virtual Data Room on April 25
  • Proposals due on May 25

For information visit petrodivest.com or contact Jerry Edrington, director of PetroDivest, at jerry@petrodivest.com or 713-595-1017.

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