Marketed: EOG Resources Western Anadarko Opportunity

Transaction Type
Sellers
Marketers
Basin
Western Anadarko Basin
Announce Date
Post Date
Close Date
Room Opening Date
Estimated Price
MM
Description

The following information is provided by Detring Energy Advisors LLC. All inquiries on the following listings should be directed to Detring. Hart Energy is not a brokerage firm and does not endorse or facilitate any transactions.

EOG Resources Inc. retained Detring Energy Advisors to market for sale its oil and gas producing properties, leasehold and related assets the Western Anadarko Basin located in Oklahoma’s Ellis and Roger Mills counties.

The assets offer an attractive opportunity, Detring said, to acquire a large, majority-operated, contiguous and fully HBP position totaling roughly 37,300 net acres and a liquids-weighted production base generating $37 million of high-margin cash flow. The offering, according to the firm, also includes a substantial inventory of proven, economic horizontal locations across a drill-ready development program targeting the prolific Cherokee and Marmaton formations.

Process Summary 

  • The assets are being offered in two distinct packages: Marmaton and Non-Marmaton; offers must be allocated by package
  • Evaluation materials available via the Virtual Data Room on Feb. 7
  • Bids are due mid/late March

For information visit detring.com or contact Melinda Faust at mel@detring.com or 512-296-4653.

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