DELAWARE BASIN ROYALTY ASSETS
24-PDP Wells. 2,486-Net Royalty Acres.
PECOS & REEVES COUNTIES, TEXAS
Targets 2nd, 3rd Bone Spring,
Wolfcamp A & B Formations
Includes 6-Permits & 8-DUCs.
203-Undeveloped Locations
Average Cash Flow: $145,500/Month
BIDS ARE DUE ON AUGUST 18, 2022
RR 5430PP
| Onshore |
Land Base |
| Unconventional |
Play Type |
VINCI ENERGY ADVISORS - HOLBERT FAMILY LP
Deal Summary
Holbert Family LP has retained Vinci Energy Advisors to assist in the sale of certain Delaware basin mineral and royalty assets in Texas.
Highlights:
-- Located Pecos Co., and Reeves Co., TX;
-- Covers 2,486 net royalty acres, normalized to 1/8th or 310.75 net 100% royalty acres (63% in Pecos/XTO and 37% Reeves/PRI Operating);
-- Asset is well-positioned under active operators that are focused on developing contiguous acreage positions where they own ~75% NRIs;
-- Includes 24 PDP wells, 8 DUCs, 6 permits and 203 undeveloped locations;
-- Targets the 2nd Bone Spring, 3rd Bone Spring, Wolfcamp A, and Wolfcamp B formations;
-- Average cash flow (Oct-2021 to Mar-2022): ~$145,500/month;
-- Total EUR: 21.032 MMBOE (~79% oil and 21% gas);
-- Significant undeveloped inventory available (~1,560 NRA) for highly economic long laterals that will drive future cash flow growth.
To learn more contact:
Ryan Harrison
Phone: 972-632-9853
Email: RHarrison@VinciEnergyAdvisors.com
