Shenandoah Energy Partners Core Non-Op Appalachia Opportunity

Shenandoah Energy Partners Core Non-Op Appalachia Opportunity

Shenandoah Energy Partners (“SEP” or the “Company”) is offering for sale certain non-operated oil and gas assets concentrated in northwest West Virginia.

Capability hero
Shenandoah Energy Partners

Resources

Shenandoah Energy Partners Core Non-Op Appalachia Opportunity – Executive Summary

Shenandoah Energy Partners Core Non-Op Appalachia Opportunity – NDA

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. 

Opportune Partners LLC is not engaged in the practice of public accountancy. Privacy and Business Continuity Plan.