WILLISTON BASIN NON-OP ASSETS
165-Hz Wells.13-Completions In 2022.
WILLIAMS & DUNN, NORTH DAKOTA
BAKKEN PRODUCTION
Near Term Development On Position With
Substantial Remaining Inventory: 5 DUCs
Non-Operated Working Interest For Sale
NTM PDP Cash Flow: $2,100,000
Net PDP Reserves: 363 MBOE
PDP PV-10: $6,900,000
CONTACT AGENT FOR MORE INFO
PP 5986DV
Onshore |
Land Base |
Unconventional |
Play Type |
REDOAKS ENERGY ADVISORS LLC - AMERICAN STANDARD ENERGY INC
Deal Summary
Update, 6-Jan-2022. The package has been moved to closing section.
American Standard Energy Inc has retained RedOaks Energy Advisors LLC to assist in the sale of certain non-operated Williston Basin assets in North Dakota.
Highlights:
-- Located in Williams Co., and Dunn Co., ND;
-- Includes 165 (13 completions in 2022) producing horizontal wells;
-- Targets the Bakken formation;
-- Net PDP Reserves (effective 1-Nov-2022): 363 MBOE (~64% oil, ~14% NGL, and ~22% gas, PDP PV-10: $6.9 million);
-- NTM PDP cash flow: $2.1 million;
-- Total undiscounted cash flow: $11.5 million;
-- Near-term development on position with substantial remaining inventory of 5 DUCs (PV-15: $100,000);
-- Primary operators: Kraken, Marathon, XTO, Chord, and Grayson Mill.
To learn more contact:
Mr. David Carter
Phone: 214-536-8616
Email: david.carter@redoaksadvisors.com