Confluence Resources is offering for sale certain operated and non-operated assets including Minerals and ORRIs in core DJ Basin. A rare opportunity to acquire strong PDP cashflow and 23 DUCs with NRI >82%.

ASSET HIGHLIGHTS

• Premier leasehold and mineral position with 38 operated and 32 non-operated producing horizontals

• 8,150 BOEPD net October 2023 forecast PDP production rate

• $10.8MM net October 2023 forecast PDP cashflow (>99% Operated)

• NTM cumulative net PDP cashflow of $165MM and 12-month net reserves of 2.2MMBOE (73% Liquids)

• 23 DUCs add 10,103 net BOEPD and $15.4MM/month operating cashflow by June 2024

• 3 PDNPs and 1 PDBP add 375 net BOEPD and $554.7k/month operating cashflow by Q2 2024

• 3,717 net leasehold acres (100% HBP) primarily in five operated DSU’s with an average WI of 95%

• ~60% of leasehold includes overriding royalties averaging 2.5%

• Average of 2% ORRI across all operated wellbores

DOWNLOAD CONFLUENCE DJ TEASER

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