Net Profits Interest Opportunity Overview

Scout Energy Partners is offering the sale of its ownership in an ExxonMobil-operated Net Profits Interest in the Cedar Creek Anticline (“CCA”) in Montana and North Dakota. Opportune Partners has been retained as Scout’s exclusive financial advisor for the transaction.

Investment Highlights

  • Net profits interests ranges between 2-36%
  • Predictable, oil-weighted net production of 1.1 MBoe/d (95% oil) and PDP PV10 of ~$60MM
  • Cumulative five-year PDP cash flow in excess of $45MM
  • Additional upside via CO2 floods (Phase 2 and Phase 3) and new drills targeting the Mission Canyon formation
  • Prior to XOM merger, CCA represented Denbury’s largest CO2 flood; total recoverable resource >220 MMBbls
  • XOM expected to continue developing the assets as part of its Low Carbon Solutions business

Key Dates

  • January 15th – VDR available
  • January 22nd – Management Presentations begin
  • February 14th – Bid date

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.

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