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 ProjectOutlaw@opportune.com 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.
Opportune Partners LLC is not engaged in the practice of public accountancy. Privacy and Business Continuity Plan.