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