Sold - Cimarex Energy - Mid-Continent Acquisition Opportunity

  • Long life assets with 192 BCFE in PDP reserves representing an 11-year R/P ratio
  • Trailing 12-Month average net production of 47.8 MMcfe/day per day (75% Gas) from 2,283 producing wells. 762 wells and 88% of the net production is operated
  • January estimated operating EBITDA of $2.04MM, and a 2021 forecast total cashflow of $23.1MM
  • Included are two operated gas processing plants and associated gathering systems with an estimated January EBITDA of $401,389 and a 2021 forecast total cashflow of $6.5MM
Meagher Energy Advisors