Current Engagements

Please contact Melinda Faust to learn more about our current offerings.

Melinda Faust, Managing Director
(713) 595-1004

Central Basin Platform WI & Royalty Opportunity

  • Robust Operating Cash Flow and Production ($12.4MM NTM PDP | 2.1 MBoed)
  • Large, contiguous and operated position with ~14,000 net acres ( 100% HBP / 100% WI)
  • PDP PV10 and reserves of $51MM and 5.0 MMboe, respectively
  • Large inventory of PUD and PDNP opportunities in addition to a pre-scoped waterflood project
  • Assets offered in two sub-packages: Working Interest and Royalties
  • Bids due December 9, 2020

Horizontal Marcellus Wellbore Opportunity

  • Assets offered in two sub-packages: non-operated working interest and minerals/royalties
  • Substantial total net production (27 MMcfd) & cash flow ($17MM NTM)
  • Total net reserves of 126 Bcf (100% Gas) and net PV10 of $80MM (83% WI / 17% Roy-ORRI)
  • High margin cash flow with ~$2.00/Mcf netback
  • Core PennEnergy asset maintains operational focus
  • Bids due January 6, 2021

Gulf of Mexico Opportunity

  • Robust Cash Flow ($25MM NTM EBITDA) and Production (4.8 MBoed | ~75% oil)
  • Operated asset with control of development and production infrastructure
  • Prolific, stacked Pliocene and Miocene reservoirs with 8 undeveloped opportunities (4 PUD)
  • Large, high quality spec 3D seismic data available for review on site
  • Four diverse fields provide material scale and a platform for growth within the Gulf of Mexico
  • Bids due January 13, 2021