oil & gas assets
Anderson King Energy Advisors LLC Producing Properties

PP 5773 ACTIVE DEAL

Producing Properties
* All Standard Disclaimers Apply & Seller Rights Retained

Region Multistate & Cross Region
Area Mostly Gulf Coast
Posted19-Sep-22
Confirmed16-Sep-22
Offer19-Oct-22

Owner

BXP Operating LLC

Contact

Anderson King Energy Advisors LLC
Mr. Jon Dormer
Partner
4925 Greenville Ave Ste 660
Dallas TX 75206
Phone: +1-214-270-0840
Fax: +1-469-533-6735
jdormer@andersonkingenergy.com
 

Regional Listings

WYOMING AND SOUTH TEXAS ASSETS

Includes 234-Wells (73 in WY & 161 in TX)
LOCATED ACROSS MULTIPLE
COUNTIES IN WYOMING AND TEXAS
Targets Minnelusa, Frio, McElroy, Yegua,
Wilcox, AC/Buda, Eagle Ford, & Miocene
90% WI (86% NRI In WY, 78% NRI In TX)
Net Production: 838 BOED (93% Liquids)
Net Operating Cash Flow: $1,100,000/Mn
Net PDP Reserves: 3.2 MMBOE
PDP PV-10: $40,100,000
BIDS ARE DUE OCTOBER 19, 2022
PP 5773

Onshore Land Base
Conventional Play Type
ANDERSON KING ENERGY CONSULTANTS - BXP OPERATING LLC

Deal Summary

BXP Operating LLC has retained Anderson King Energy Consultants to assist in the sale of certain conventional assets in Wyoming and Texas.

Highlights:
-- Located in Johnson Co., Campbell Co., and Crook Co., WY, and also in Zavala Co., Atascosa Co., Gonzales Co., Fayette Co., Brazoria Co., Polk Co., Newton Co., Kenedy Co., TX;
-- Holds an average 90% operated WI (86% NRI for Wyoming assets, and 78% NRI for South Texas assets);
-- Targets Minnelusa (Eolian Sands), Frio, McElroy, Yegua, Wilcox, AC/Buda, Eagle Ford, and Miocene producing zones;
-- Includes 234 wells (73 in Wyoming and 161 in South Texas);
-- Net PDP Reserves (effective 1-Oct-2022): 3.2 MMBOE (97% oil, 2% gas, and 1% NGL, PV-10: $40.1 million);
-- Net Production (average Mar-2022 to May-2022): 838 BOE/d (93% oil, ~54% Wyoming, and ~46% South Texas);
-- Net operating cash flow (average Mar-2022 to May-2022): $1.1 million/month;
-- Consistent long-term shallow decline assets.

To learn more contact:
Jon Dormer
Phone: 214-306-9288
Email: jdormer@andersonkingenergy.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.