Marketed: Texas, Williston Basin Royalty Interest Package

Transaction Type
Sellers
Marketers
Basin
Williston Basin / Bakken Shale; Eagle Ford Shale; Austin Chalk; Texas Gulf Coast
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.

A private seller retained PetroDivest Advisors to market its roughly 2,280 net royalty acres of mineral and royalty interest distributed throughout various counties in North Dakota and Texas.

The assets offer an attractive opportunity to acquire interest across key plays in the Lower 48 such as the Bakken, Eagle Ford, Austin Chalk and Gulf Coast, according to PetroDivest, including significant remaining potential that provides asset longevity and growth beyond about $300,000 net next 12-month cash flow (PDP-only) as highly economic well performance continues to attract capital, underpinning renewed activity and development.

Process Summary:

  • Evaluation materials available via the Virtual Data Room on Sept. 29
  • Bids due Oct. 27

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

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