Current Engagements

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

Melinda Faust, Director
(713) 595-1004

Permian Basin Alpine High Opportunity

  • Large, contiguous, operated position of ~65,000 net acres (Large leases with CDCs to perpetuate the position)
  • Development plan includes 1,000+ op. hz. locations targeting the Woodford and Wolfcamp (~$3.3 Bn of net PV10 on the Woodford alone)
  • Liquids-rich Woodford & Wolfcamp potential confirmed across the position
  • 175 mi2 of high-res. 3D seismic
  • Bids due March 20, 2019

Texas Panhandle Hz Marmaton Opportunity

  • 50,000 net acres located in the Texas Panhandle (Lipscomb, Hansford, Ochiltree Counties)
  • Large, contiguous & operated position (51% HBP, 98% Working Interest, 78% NRI)
  • ~$2.6MM/month operating cash flow with >85% revenue attributable to oil (~$90MM PDP PV-10)
  • Optimized completion design yielding 890 Boed (IP30) / 520 MBoe (EUR) type curve at only $3.75MM for 7,500’ treated lateral length
  • >350’ of high quality stacked pay throughout Quanah acreage including the prolific Marmaton Limestone and the recently rested Hogshooter Shale
  • Engineering development plan with ~200 operated Marmaton horizontal locations (160-acre spacing)
  • Bids due March 20, 2019

Core SCOOP, Merge, STACK Opportunity

  • 5,050 net acres throughout the core of the SCOOP, Merge & STACK fairways of Central Oklahoma
  • 2,780 net acres operated (75% Canadian Co.) with midstream undedicated
  • 2,270 net acres non-operated with diversified footprint and exposure to top-tier operators (DVN, NFX, EOG, CLR, XEC, etc.)
  • 90 hz wells drilled on-lease in 2018, with 43 additional hz wells in-progress (including recent elections)
  • ~1,200 Boed net production – an increase of ~15x from Q4 2017 due to the assets’ position in core development areas
  • 2,300+ identified gross locations across multiple proven horizons (Springer, Woodford, Miss.)
  • Bids due April 3, 2019

Giddings Field Divestiture Opportunity

  • 44,000 net acres in the Austin Chalk fairway of Giddings Field, East Texas (Austin, Burleson, Fayette, and Washington Counties)
  • Land holdings are 100% HBP, contiguous and operated and include ~18,000 net acres of Eagle Ford rights under 50/50 JDA with Apache
  • World-class well results (IP’s ~1,700 Boed or >300 Boed/Mft) from top operators bracketing the position, including WildHorse (Chesapeake), GeoSouthern, Magnolia, and others
  • Substantial offsetting activity with 180% CAGR of permits filed in Giddings Field since 2016
  • ~$2.3MM NTM operating cash flow (~$11MM PDP PV-10)
  • Bids due April 3, 2019