WYOMING NON-OP ASSET SALE
8.3-Net Wells.(182-Gross Wells 80%-Hz)
POWDER RIVER BASIN
CAMPBELL, CONVERSE & COOK
Wellbore Only Interest
Non-Operated WI With 81% 8/8 NRI
Net Production: 430 BOED
~15% Year On Year Decline Rate
Annualized Net Cash Flow: $9,000,000
BIDS ARE DUE FEBRUARY 23, 2023
PP 6248
Onshore |
Land Base |
Unconventional |
Play Type |
EAGLE RIVER ENERGY ADVISORS LLC - ANSCHUTZ EXPLORATION CORP
Deal Summary
Anschutz Exploration Corp has retained Eagle River Energy Advisors LLC to assist in the sale of certain non-operated Powder River Basin assets in Wyoming.
Highlights:
-- Located in Campbell Co., Converse Co., and Cook Co., WY;
-- Holds non-operated WI with average 81% 8/8 NRI;
-- Includes 8.3 net wells (182 gross wells, 80% horizontal);
-- Net Production: 430 BOE/d (60% oil, 26% gas, and 14% NGL, ~15% year on year decline rate);
-- Net cash flow (last 6 months annualized): $9 million;
-- Low lifting cost of ~$12/BOE;
-- Operators: EOG, Occidental, Vermilion, and Devon.
To learn more contact:
Mr. Michael Stolze
Phone: 720-726-6090
Email: MStolze@EagleRiverEA.com