oil & gas assets
Producing Properties

PP 5363 ACTIVE DEAL

Producing Properties
* All Standard Disclaimers Apply & Seller Rights Retained

Region Rockies, Dakotas & Four Corners
Area North Dakota
Posted01-Jun-22
Confirmed31-May-22
Offer28-Jun-22

Owner

QPC3 LP

Contact

RedOaks Energy Advisors
Mr. David Carter
FF
14180 N Dallas Pkwy Ste 700
Dallas TX 75254
Phone: +1-214-420-2320
david.carter@redoaksadvisors.com
 

Regional Listings

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WILLISTON NON-OPERATED ASSETS

243-Hz Wells.
MCKENZIE & WILLIAMS COS., ND
Bakken & Three Forks Formations
25-DUCs & Permits. ~350-Locations.
NTM Net Cash Flow: $2,000,000
PDP Reserves: 207 MBOE
PDP PV-10: $4,800,000
BIDS ARE DUE ON JUNE 28, 2022
PP 5363

Onshore Land Base
Unconventional Play Type
REDOAKS ENERGY ADVISORS - QPC3 LLP; SHEEP MOUNTAIN LTD; AUGUST RESOURCES LTD

Deal Summary

QPC3 LP, Sheep Mountain Ltd, and August Resources Ltd have retained RedOaks Energy Advisors to assist in the sale of certain Williston Basin non-operated assets in North Dakota.

Highlights:
-- Holds certain non-operated assets in McKenzie Co., and Williams Co., ND;
-- Includes 243 producing horizontal wells (2 completions in last 2 months), 25 DUCs and permits and ~350 upside locations targeting the Bakken and Three Forks formations;
-- PDP Reserves: 207 MBOE (~50% oil, ~30% gas, ~20% NGL, PV-10: $4.8 million);
-- NTM net cash flow: $2 million (100% PDP);
-- Primary operators: Petro-Hunt, Kraken, Grayson Mill, Hess, Continental.

To learn more contact:
Mr. David Carter
Phone: 214-420-2334
Email: david.carter@redoaksadvisors.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.