Shenandoah Energy Partners Core Non-Op Appalachia Opportunity


Shenandoah Energy Partners

Investment Highlights

High margin, liquids-rich PDP exclusively under Antero Resources

  • Net prod. of 35.9 MMcfe/d (42% liquids)
  • PDP PV10 of $50.7MM
  • Avg. WI / NRI of 5% / 4%

High confidence near-term WIPs

  • Total of 7 gross Marcellus WIPs with an avg. LL of 12,500’
  • Avg. WI of 9% with an 8/8ths NRI of 82%
  • WIP PV10 of $13.5MM

Utica option across majority of leasehold

  • 72% of acreage includes Utica rights
  • Offsetting legacy Utica completions demonstrate productivity
  • Total of 41 gross locations; net resource of 26.4 Bcfe


Key Dates

  • February 20th – Virtual data room goes live
  • February 23rd – Management presentations begin
  • March 25th – Bid date

Please reach out to Daniel Rojo or [email protected] 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

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