The following information is provided by Stephens Inc. All inquiries on the following listings should be directed to Stephens Inc. Hart Energy is not a brokerage firm and does not endorse or facilitate any transactions.
Petroflow Energy Corp. has retained Stephens Inc. as its exclusive advisor in connection with the sale of its Central Oklahoma and West Texas assets.
Equal + XS Package:
- In Central Oklahoma, the company is offering about 26,700 net acres primarily located in Lincoln County, 100% operated and 100% HBP with an average working interest of 81% and net revenue interest of 62%;
- 100% HBP;
- Average WI / NRI of 81% / 62%;
- $1,320M Monthly Cash Flow;
- 12,895 MBoe of PDP reserves;
- PV-10 of $75.4MM (84.8% of total reserves); and
- Q4 2017 average net production: 3.8 Mboe/d R/P: 10.1 years.
TexOak Package:
- ~1,950 acres in Glasscock County, Texas;
- 93% Apache operated;
- ?Average WI/NRI of 33% / 25%;
- 170M monthly cash flow;
- 633 MBoe of PDP reserves;
- PV-10 of $7.3M (8.2% of total reserves); and
- Q4 2017 Average net production: 250 Boepd ? R/P: 9.8 Years.
Oklahoma ORRI Package:
- Overriding royalty interests primarily in Lincoln County, Okla;
- Average NRI: 3.4%;
- $110M monthly cash flow;
- 683 MBoe of PDP reserves;
- PV-10 of $6.2MM (7.0% of total reserves); and
- Q4 2017 average net production: 200 Boe/d R/P: 9.8 years.
For more information call Stephens Inc. at (214) 258-2700.
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