Petroflow Energy Corp.

Transaction Type
Sellers
Marketers
Post Date
Close Date
Room Opening Date
Estimated Price
0MM
Description

Petroflow Energy Corp. retained Stephens Inc. as its exclusive adviser in connection with the sale of its Central Oklahoma and West Texas assets. The combined package consists of about 30,000 net acres.

In Central Oklahoma, the company is offering about 26,700 net acres primarily located in Lincoln County, 100% operated and 100% HBP with an average working interest of 81% and net revenue interest of 62%.

In West Texas, the company is offering about 1,950 acres in Glasscock County, 93% operated by Apache Corp., with an average working interest of 33% and net revenue interest of 25%.

The company is also offering an Oklahoma overriding royalty interest package in Lincoln County with average net revenue interest of 3.4%.

Bids are due May 4. For information visit stephens.com or contact Charles Lapeyre, managing director, at Charlie.Lapeyre@Stephens.com or 214-258-2784.