BC Operating Inc.

Transaction Type
Sellers
Marketers
Basin
Multiple Basins
Post Date
Close Date
Estimated Price
MM
Description

BC Operating Inc. retained Simplex Energy Solutions LLC to sell nonoperated working interest, royalty interest and overriding royalty interest in Texas, New Mexico, Oklahoma and Wyoming.

Highlights:

  • About 150 wells
  • Additional development potential approaching 200 net acres
  • Net income $36M/month (October-December 2017)
  • WI's range from 0.0002% to 0.4000%
  • NRI's range from 0.00015% to 0.3108%
  • Operators include:
    • Crownquest Operating
    • Devon Energy
    • EOG Resources
    • J Cleo Thompson
    • Linn Operating
    • Parsley Energy
    • Pioneer Natural Resources

The assets are being offered on a bid basis with offers due by 4 p.m. CST July 17. For information visit simplexenergy.com or contact Karl Reiter at kreiter@simplexenergy.com or 432-683-3791.