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Williston Basin Non-Operated Production, Leasehold and Minerals

North Dakota and Montana

Waveland Bakken Holdings, LLC is offering for sale certain non-operated production, leasehold and minerals in the Williston Basin with leading operators actively drilling on Waveland acreage

ASSET HIGHLIGHTS

  • $3.7MM net October 2023 forecast PDP cashflow, ~$33MM NTM cumulative net PDP cashflow

  • MI/RI & ORRI net cashflow of $262k/month October 2023, NTM net cashflow of ~$3.0MM

  • 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‚Äč

  • 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

DOWNLOAD WAVELAND TEASER

Please return CONFIDENTIALITY AGREEMENT to Nick Asher at nasher@meagheradvisors.com


For Questions, Please Contact:

Chris McCarthy, Executive Vice President (303) 721-0281
Nick Asher, Vice President (303) 721-9781
Simon Cohn, A&D Engineer (720) 390-6023

NOTE: A Confidentiality Agreement (“CA”) must be executed prior to receiving the data package for this listing. Once you order the package you will receive the Executive Summary along with the CA.

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