Core Delaware Basin Royalty Interest

Eddy County, New Mexico

  • 6.25% Overriding Royalty Interest in 1,360 gross/net acres
  • Tier 1 location with a high level of offset drilling activity
  • Operators testing equivalent spacing up to 32 wells per section
  • Rockcliff, Chevron, Marathon and Noble notable offset operators
  • Current net cashflow of ~$10,000 per month from 19 vertical wells
  • Minimal risk of underlying lease losing HBP status due to consistent vertical production and lack of pugh clause

For Questions, Please Contact:

Chris McCarthy, Executive VP (303) 721-6354 ext. 224
Nick Asher, VP Business Development (303) 721-6354 ext. 260

Bid Date

August 15, 2018

Effective Date

September 1, 2018

Closing Date

September 21, 2018

Pending listings cannot be ordered.

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