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Gulf Coast PDP Asset Divestiture

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Opportunity Overview

Paloma Natural Gas - CA

Paloma Natural Gas, LLC is offering for sale its upstream assets located in Mississippi and Louisiana. Opportune Partners, LLC has been retained as its exclusive financial advisor for the transaction.

Investment Highlights

  • Oil weighted net production of 544 Boe/d (100% oil) from 37 producers
  • PDP PV10 of ~$23MM with NTM operating cash flow of $7.5MM
  • Largely operated acreage position spanning 49,000 gross and 34,200 net acres

Key Dates

  • Transaction effective date – January 1st
  • VDR goes live – January 17th
  • Q&A sessions begin – January 23rd
  • Bid date – March 2nd

Please reach out to [email protected] if you have any questions about the deal or the process.

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.