Centennial Resource Production, Inc. ("Seller") has exclusively retained Eagle River Energy Advisors, LLC to divest or farm-out certain operated leasehold assets in the Delaware Basin of Reeves County, Texas.
Download Files Here
Operated Acquisition / Farm-In Opportunity in the Delaware Basin
- CAPEX Investment Opportunity: ~$40MM
- Potential Hz Drilling Locations: 6 Hz Wolfcamp Wells
- Wolfcamp A IRR/RIO: 85% IRR / 3.8x
- Wolfcamp B IRR/RIO: 51% IRR / 3.0x
The transaction is expected to have a May 1 effective date.
Bids are due at 4 p.m. MT on June 2, 2021. A virtual data room will be available starting May 5th.
For information contact Mike Stolze, Managing Director at Eagle River, at (720) 726-6090 or firstname.lastname@example.org