Mallard Creek Oil Co. LP

Transaction Type
Basin
Powder River Basin
Post Date
Close Date
Estimated Price
MM
Description

Mallard Creek Oil Co. LP retained Meagher Energy Advisors to sell Powder River Basin leasehold in Campbell County, Wyo. The offer comprises 3,897 net acres held by conventional shallow production, the majority of which includes all depths, and an additional 792 net acres limited to the Minnelusa. The five-year term assignment delivering most leases is between 78% and 80% net revenue interest and primary targets include the Turner, Parkman, Niobrara, Mowry and Frontier formations. Additional targets with recent drilling and permits include the Dakota, Muddy and Shannon.

Bids are due May 17. For information visit meagheradvisors.com or contact Nick Asher, vice president of development, at 303-721-6354 ext. 260.