Investment Highlights
- Low-cost, liquids-rich production (60% gas, 40% liquids)
- Long-life reserves (~30 years) from seasoned wells on predictable, ultra-low decline (~5%)
- Majority operated position (98% of revenue) with meaningful COPAS reimbursements
- Diversified production base across ~2,500 operated wells
- Owned gas gathering and processing generates third party revenue
- Return-to-production and recompletions provide capital efficient opportunities to access incremental reserves
- Readily hedge-able and shallow-decline production profile reduces the risk of price volatility to new operator
Key Dates
Transaction effective date: September 1st, 2024
- Online VDR available September 5th
- Data room presentations begin September 9th
- Bids due October 8th
Please reach out to [email protected] if you have any questions about the 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.