The following information is provided by Sayer Energy Advisors. All inquiries on the following listings should be directed to Sayer Energy Advisors. Hart Energy is not a brokerage firm and does not endorse or facilitate any transactions.
Rex Energy Ltd. has retained Sayer Energy Advisors for the sale of an operated WI located in the Wizard Lake area of Alberta. The sale includes an operating income net of $540,000 on an annualized basis.
Opportunity highlights:
- Average daily sales production net for the first half of 2023 was approximately 147 boe/d;
- 89 bbl/d of oil and natural gas liquids and 350 Mcf/d of natural gas; and
- Operating income net for the first half of 2023 averaged approximately $45,000 per month, or $540,000 on an annualized basis.
Bids are due Nov. 30 at noon. For complete due diligence, please visit sayeradvisors.com or email Tom Pavic, president, at tpavic@sayeradvisors.com.
Recommended Reading
Seadrill Sells Three Jackups for $338MM to Gulf Drilling International
2024-05-17 - Seadrill Ltd. is also selling its 50% equity interest in the joint venture that operates the rigs offshore Qatar.
Could Crescent, SilverBow Buy More in South Texas After $2.1B Deal?
2024-05-17 - The combination of Crescent Energy and SilverBow Resources will yield one of the Eagle Ford’s top producers—and the pro forma E&P could look to gobble up more acreage in South Texas after closing.
Permian Powerhouse: Apache Doubles Down on Core Assets After Callon Acquisition
2024-05-16 - Apache CEO John Christmann detailed plans for the Permian Basin and Suriname during the SUPER DUG Conference & Expo.
Crescent Energy to Buy Eagle Ford’s SilverBow for $2.1 Billion
2024-05-16 - Crescent Energy’s acquisition of SilverBow Resources will create the second largest Eagle Ford Shale E&P with production of about 250,000 boe/d, the companies said.
PE Investors Scoop Up Offshore Services Provider Acteon Group
2024-03-27 - Acteon Group, a U.K.-based subsea services provider serving customers in offshore oil, gas and renewables, was acquired by new private equity backers.