Drill Ready Western Delaware Basin Opportunity

Investment Highlights

High margin, liquids-rich PDP 

• Net production of 3.6 Mboe/d (27% oil, 60% liquids)
• PDP PV10 of $58.7MM from 19 HZ wells
• NTM PDP EBITDA >$15MM

De-Risked Wolfcamp Inventory

• Total of 21 gross locations targeting the WC A and WC B
  • Avg. LL of 10k’
  • EURs of up to 2.8 MMBoe (62% liquids)
  • Single well PV10s >$10MM at current strip
• Dev. program growth production to 16+ Mboe/d
• Cum. FCF of ~$145MM through 2030

Asset Set Up For Seamless Integration

• Extensive infrastructure including 8 CPFs and 2 SWDs
• Supports full field development
  
   

Key Dates

• March 24th – VDR live
• March 25th – Data room presentations begin
• April 21st – Bid date 
   

Please reach out to Daniel Rojo or [email protected] if you have any questions about the deal, process, and to schedule a data room presentation.

Opportune Partners LLC, an affiliate of Opportune LLP, is a member of the Opportune Network, and is a member of FINRA and SIPC. 

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