Marketed: Stronghold Energy II Permian Central Basin Platform Divestiture

Transaction Type
Sellers
Marketers
Basin
Permian Basin; Central Basin Platform
Announce Date
Post Date
Close Date
Room Opening Date
Estimated Price
0MM
Description

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

Stronghold Energy II is offering for sale its Central Basin Platform assets in the Permian Basin. Piper Sandler has been retained as exclusive financial adviser. The offering comprises roughly 37,000 net acres including 31,000 net leasehold acres6,000 net mineral acres, largely in Crane County, Texas. The assets are 100% operated and about 99% HBP with net production of more than 7,000 boe/d.

The virtual data room opens week of April 4 with data room presentations from April 11-29. Bid date is targeted for May 17.

Submit questions and inquiries to StrongholdCBP@psc.com or content Robert Urquhart, Piper Sandler manager director, at Robert.Urquhart@psc.com.

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