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A&D - What's On The Market Briefs - March 13, 2019
Midcontinent-focused Nexus BSP retained Meagher Energy Advisors to assist in the sale of non-operated assets in Custer and Dewey counties, Oklahoma. Projected 2019 net production of 2.6 Mcfe/d (73% gas) from 58 wells is expected to generate average monthly operating cash flow of $26,735, compared with $36,500 during 1H18. Nexus has an average 9% WI in the acreage or 896 net acres, with upside potential from 32 gross engineered PUD locations. Bids are due May 2. See PLS Listing No. PP 1690DV. Permex Petroleum is seeking buyers for......
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