Multi-State Override and Mineral Interests

Asset Highlights

  • ORRIs in 67 sections across 4 states and 17 counties including the Delaware and Powder River Basins
  • Interests range from 1% to 5%, all HBP
  • Additional mineral rights in 9 Texas counties, primarily along the Gulf Coast
  • Includes $6,500/month in production revenue

Delaware Basin

  • 571.22 net royalty acres in Lea County, NM
  • Offset Bone Spring and Wolfcamp wells indicating >1,000 MBOE EURs
  • Nearby operators include EOG, Concho, Cimarex, Centennial, and XTO 
  • Concho communization agreement received for a 478-acre spacing unit

Powder River Basin

  • 190 net royalty acres in T35N-R69W of Converse County, WY
  • Recent Turner, Niobrara, and Teapot well performance indicating >750 MBOE EURs in offsetting townships
  • Nearby operators include Chesapeake, Devon, Anschutz and Anadarko

For Questions, Please Contact:

Chris McCarthy, Executive VP (303) 721-6354 ext. 224
Nick Asher, VP Business Development (303) 721-6354 ext. 260
Aaron Hugen, Engineering Manager (303) 721-6354 ext. 228

Bid Date

July 25, 2019

Effective Date

August 1, 2019

Closing Date

August 30, 2019

Important Links

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