oil & gas assets
1/18/2023 Producing Properties

PP 6199DV ACTIVE DEAL

Producing Properties
* All Standard Disclaimers Apply & Seller Rights Retained

Region Midcontinent (NTX PTX OK KS NE MI)
Area Oklahoma
Posted09-Dec-22
Confirmed09-Dec-22
Offer17-Jan-23

Owner

Undisclosed Seller

Contact

1/18/2023
Mr. Nick Asher
VP - Business Development
6040 Greenwood Plz Blvd Ste 100
Greenwood Village CO 80111
Phone: +1-303-721-6354
Fax: +1-303-721-0216
nasher@meagheroil.com
 

Regional Listings

OKLAHOMA SCOOP/STACK ASSETS

8,900-Net Acres. 192-Net Royalty Acres.
LOCATED IN KINGFISHER, CANADIAN
AND BLAINE COUNTIES
Targets Meramec/Osage, Woodford,
And Mississippian Formations.
Includes 29-New Wells, 92-PUDs And
8-Additional 2-Mile, Tier 1 Locations.
Non-Op WI, Leasehold & Minerals For Sale
Net Production: 2.281 MBOED
Net PDP Cash Flow: $2,300,000
Net Reserves: 3.6 MMBOE
PDP PV-10: $65,500,000
Total PV-10: $114,900,000
Holds 100+ Additional Drilling Locations.
BIDS ARE DUE JANUARY 17, 2022
PP 6199DV

Onshore Land Base
Unconventional Play Type
MEAGHER ENERGY ADVISORS - UNDISCLOSED SELLER

Deal Summary

Meagher Energy Advisors has been retained by an Undisclosed seller to assist in the sale of certain Anadarko Basin non-operated production, leasehold and minerals assets in Oklahoma.

Highlights:
-- Located in Kingfisher Co., Canadian Co., and Blaine Co., OK;
-- Covers 8,900 net leasehold acres and 192 net royalty acres, normalized to 1/8th or 24 net 100% royalty acres;
-- Primarily targets the Meramec/Osage and Woodford formations with additional upside in the Mississippian formation;
-- Includes 29 new wells, 92 low-risk, PUDs, and 8 additional 2-mile, Tier 1 locations (7-expected online in Q1-2023 with 417 net BOE/d and $622,000/month by March);
-- Net Reserves: 3.6 MMBOE (~66.67% gas and ~33.33% oil);
-- PDP PV-10: $65.5 million;
-- Total PV-10: $114.9 million;
-- Net Production: 2.281 MBOE/d (50% liquids);
-- Net PDP cash flow (as of 1-Dec-2022): $2.3 million;
-- Includes hundreds of additional drilling locations.

To learn more contact:
Mr. Nicholas Asher
Phone: 303-721-9781
Email: nasher@meagheradvisors.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.