oil & gas assets
Producing Properties

PP 5986DV ACTIVE NEGOTIATING

Producing Properties
* All Standard Disclaimers Apply & Seller Rights Retained

Region Rockies, Dakotas & Four Corners
Area North Dakota
Posted02-Nov-22
Confirmed06-Jan-23
Offer01-Dec-22

Owner

American Standard Energy Corp

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 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

*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.