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 15^th – VDR available
  
• January 22^nd – Management Presentations begin
• February 14^th – 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.