WILLISTON BASIN ROYALTY SALE
3-Confidential Wells. 560-Net Acres.
WILLIAMS COUNTY, NORTH DAKOTA
Targets Bakken & Three Forks Fmts
26-Additional Undeveloped Locations
Net Production (Jan-2023): 18 BOED
Net NTM PDP Cashflow: $605,000
Net PDP Reserves: 42 MBOE
Net Total Reserves: 540 MBOE
PDP PV-10: $1,418,000
PV-10: $17,834,000 (~7.77% PDP)
BIDS ARE DUE FEBRUARY 14, 2023
RR 6254DV
| Onshore |
Land Base |
| Unconventional |
Play Type |
MEAGHER ENERGY ADVISORS - HANSRUDE SATHER FARMS
Deal Summary
Hansrude Sather Farms LLLP has retained Meagher Energy Advisors to assist in the sale of certain Williston Basin mineral and royalty assets in Williams county, North Dakota.
Highlights:
-- Located in Williams Co., ND;
-- Covers 560 net mineral/royalty acres;
-- Includes 3 confidential wells (potentially online by 1-Jan-2023), and 26 additional undeveloped locations;
-- Targets the Bakken Shale and Three Forks formation;
-- Net PDP Reserves (as of 1-Jan-2023): 42 MBOE (76% oil, 24% gas, PV-10: $1.418 million);
-- Net total Reserves (as of 1-Jan-2023): 540 MBOE (~7.77% PD, ~70% oil, ~30% gas, PV-10: $17.834 million);
-- Net production (Jan-2023 forecasted): 18 BOE/d (~89% oil, 11% gas);
-- Estimated net production (May-2023): 35 BOE/d (~87% oil, 13% gas);
-- NTM cumulative PDP net cashflow: $605,000;
-- Operator: Continental Resources.
To learn more contact:
Mr. Nicholas Asher
Phone: 303-721-9781
Email: nasher@meagheradvisors.com
