oil & gas assets
RBC Richardson Barr Producing Properties

PP 1568L ACTIVE DEAL

Producing Properties
* All Standard Disclaimers Apply & Seller Rights Retained

Region Rockies, Dakotas & Four Corners
Area North Dakota
Posted29-Oct-18
Confirmed29-Oct-18
Offer12-Dec-18

Owner

RimRock Oil & Gas

Contact

RBC Richardson Barr
Mr. Davis English
Analyst - A&D Investment Banking
609 Main St Ste 3700
Houston TX 77002
Phone: +1-713-585-3300
davis.english@rbccm.com
 

Regional Listings

NORTH DAKOTA ASSET SALE

~28,750-Net Acres. (100% HBP)
CORE BAKKEN / THREE FORKS
Nearly Contiguous Acreage Position.
20-Operated & 15-NonOperated DSUs.
300+ Undeveloped Delineated Inventory.
3 Rigs Located On Acreage.
OPERATED & NonOperated WI Available
Net Production: ~8,000 BOED (83% Oil)
>1.0 MMBOE Recoveries
Established Oil & Gas Infrastructure.
BIDS ARE DUE BY EARLY DECEMBER
PP 1568L

Onshore Land Base
Unconventional Play Type
RBC RICHARDSON BARR - RIMROCK OIL & GAS

Deal Summary

RimRock Oil & Gas, LP is offering for sale certain oil and gas properties located in the core of the Bakken & Three Forks play of North Dakota. RBC Richardson Barr has been retained as exclusive advisor to RimRock.

Property Highlights:
-Nearly contiguous ~28,750 net acres located in one of the most prolific and active areas of the Bakken / Three Forks plays; 100% HBP
-Robust net production of ~8,000 boe/d, projected to triple in the next 18 months with ongoing 1 operated rig and 2 XOM operated rig program
->1 MMboe recoveries generate highly compelling drilling economics; enhanced techniques and continually improving drilling efficiencies provide material upside
-300+ undeveloped inventory featuring two proven zones that are delineated with modern completion techniques across entire acreage position
-Stockpile of permits in place with additional backlog in process provides significant running room
-Established oil and gas infrastructure as the majority of acreage is pipeline-connected

CONTACT AGENT
RBC Richardson Barr
Mr. Davis English
Analyst - A&D Investment Banking
609 Main St Ste 3700
Houston, TX 77002
Phone: 713-585-3300 and Fax: and Direct: 713-585-3396 Cell: 551-655-9675
Email: davis.english@rbccm.com

*Disclaimer
Oil and gas exploration, production and investment are extremely speculative. This website and content herein may also contain forward-looking statements as that term is defined in applicable securities laws. Words such as “anticipate,” “believe,” “continue,” “expect,” “estimate,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “goal,” “objective” will typically identify such forward-looking statements. Although buyers, sellers and capital providers are making the forward-looking statements contained herein in good faith and on the basis of assumptions a Company believes are reasonable, actual results may differ materially from those predicted in such forward-looking statements. Following are a list of factors that could cause actual results to differ from those predicted: acquisition and investment risks; uncertainty of estimates of natural gas and oil reserves and production rates; inherent hazards and risks associated with the Company‘s assets; drilling risks; compliance with environmental and other governmental regulations; the competitive nature of the Company‘s industry; weather risks and other natural disasters. All users of the PLS website recognize that ALL STANDARD DISCLAIMERS APPLY and ANY AND ALL SELLER RIGHTS ARE RETAINED. As with all commercial websites, PLS is NOT responsible for any of the data found herein NOR for the business decisions of any individual using this website.