Marketed: TRP Energy SCOOP/MERGE Working Interest Opportunity

Transaction Type
Sellers
Basin
Midcontinent; SCOOP Play; MERGE Play
Announce Date
Post Date
Close Date
Room Opening Date
Estimated Price
0MM
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.

TRP Energy LLC is offering for sale its oil and gas producing properties, leasehold and related assets located in the core of the SCOOP/MERGE plays of the Anadarko Basin, according to Detring Energy Advisors which TRP retained as its exclusive adviser relating to the transaction.

The assets offer an attractive opportunity, Detring said, to acquire operated and nonoperated working interest in roughly 5,700 net acres yielding PDP cash flow of $10 million projected for the next 12-months and a blended, high-margin production base from over 100 horizontal producers. The package also includes a multitude of high-returning development locations across the proven Mississippian and Woodford formations, the firm added.

Process Summary:

  • Evaluation materials available via the Virtual Data Room on Jan. 20
  • Proposals due on Feb. 23

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