New Listing - Waveland Bakken Holdings - Williston Basin Non-Operated Production, Leasehold & Minerals

$3.7MM net October 2023 forecast PDP cashflow, ~$33MM NTM cumulative net PDP cashflow
MI/RI & ORRI net cashflow of $164k/month October 2023, NTM net cashflow of ~$1.7MM
2,407 net BOEPD consisting of 1,807 BOPD, 1.9 MMCFD, and 280 Bbls NGL/day from 2,325 horizontal and 8 vertical wells
Production from 92 DUCs & AFEs add 526 net BOEPD and $646k/month in Q3 2024
All new activity projected to be fully funded within cashflow
>19,000 net leasehold acres and >3,800 net mineral / royalty acres in Bakken and Three Forks formations
Chord, Continental, Enerplus, Hess and Grayson Mill rigs on or adjacent with 95 additional 2-mile permitted locations
Undeveloped acreage in the core of the Bakken/Three Forks with single well ROR in excess of 100% and >3x ROI