Eagle River Energy Advisors, LLC

NEW LISTING: Eagle River Energy Advisors, LLC has been exclusively retained by White Rock Oil & Gas, LLC (“Seller”) to divest certain leasehold assets in Montana. The assets provide the opportunity to acquire ~1,500 Net Acres of HBP-ed leasehold across Roosevelt and Richland Counties on the Montana side of the Williston Basin. The assets are primarily operated by top tier Williston Basin operators Chord and Kraken and are estimated to have 65 Middle Bakken PUD Locations across 20 DSUs. Single well drilling economics of the Middle Bakken PUD locations are compelling with a 78% IRR / 3.2x ROI for 2-mile laterals and 90% IRR/ 3.8x ROI for 3-mile laterals. Lastly, the seller is excluding its existing PDP wellbores from this sale. Bids for the Acquisition Opportunities with White Rock Oil & Gas, LLC referenced in this press release are due April 26, 2024. Contact the Eagle River Energy Advisors, LLC team to learn more. #willistonbasin #oilandgas

NEW LISTING: Eagle River Energy Advisors, LLC has been exclusively retained by Iron Ridge Operating (“Seller”) to solicit proposals for an Austin Chalk development program across 8 DSUs in Jasper County, TX. The assets provide the opportunity for an investor to deploy over $100MM of capex across 8 potential development DSUs with 14 horizontal Austin Chalk locations across ~12,000 gross acres. The seller has 30+ years of experience and has D&C’d over 40 multi-lateral Austin Chalk wells in this area. The seller is seeking a partner for initial Old Hickory 1H development with options for longer term partnership. The Old Hickory 1H well is an already permitted ~10,000’ Austin Chalk lateral that has stellar drilling economics (74% IRR & 5.1x ROI) supported by offsetting Younger Unit 2H well with a 2,988 MBOE (31% oil) estimated EUR. Proposals for the Acquisition Opportunities with Iron Ridge Operating referenced in this press release are due September 4th, 2024. Contact the Eagle River Energy Advisors, LLC team to learn more. #oilandgas #austinchalk

NEW LISTING: Eagle River Energy Advisors, LLC has been exclusively retained by SOGC, Inc. (formerly Sinclair Oil & Gas Company) to divest certain operated working interest and assets in the Arkoma Basin. The assets provide the opportunity to acquire a gas-weighted production stream of 515 Mcfe/d. Additionally, this package has stable with a shallow forecast decline of ~7% and a NTM Cash Flow of $173,000. Lastly, 2,246 net acres of leasehold provides significant exposure to future development of the Woodford Shale. SOGC, Inc. (formerly Sinclair Oil & Gas Company) is a privately held, vertically integrated oil company involved in all aspects of the oil and gas industry, from exploration to marketing. Founded in 1916 by Harry F. Sinclair, Sinclair Oil & Gas Company is one of the oldest continuous brands in the oil business, with their dinosaur being one of the most recognized icons in the United States. Bids for the Acquisition Opportunities with SOGC, Inc. referenced in this press release are due August 21, 2024. Contact the Eagle River Energy Advisors, LLC team to learn more. #OilandGas #ArkomaBasin #Oklahoma

White Rock Oil and Gas Montana Williston Basin Assets - SOLD

Vaquero Permian Central Basin Platform Assets - SOLD

Eagle River Energy Advisors Welcomes Scott Peterson as Director of Business Development! We are thrilled to announce the newest addition to our team, Scott Peterson, who joins us as Director of Business Development. Based in Greenwood Village, Colorado, Scott brings over 15 years of invaluable experience in land and business development within the oil and gas exploration and production sector. Prior to joining Eagle River Energy Advisors, Scott held various pivotal roles in leading E&P companies, including QEP Energy Company, Silver Hill Energy Partners, and Tap Rock Resources. Throughout his career, Scott has showcased his expertise in land management, playing integral roles in acquisitions exceeding $2.5 billion in oil and gas assets. Scott's proficiency extends across multiple competitive resource plays, including the Permian Basin, Haynesville Shale, Eagle Ford Shale, and Mid-Continent region. His strategic contributions have been instrumental in the development and operation of numerous oil and gas assets, solidifying his reputation as a trusted leader in the industry. Scott holds a Bachelor of Business Administration in Energy Management from the prestigious Michael F. Price College of Business at the University of Oklahoma, underscoring his commitment to excellence and innovation in the energy sector. Please join us in extending a warm welcome to Scott Peterson as he assumes this pivotal role within our organization. With his wealth of experience and strategic vision, we are confident he can drive our business development initiatives forward and further elevate our position within the industry. Welcome aboard, Scott! 🎉

Looking back on a great time with a great group of oil and gas clients and friends skiing in Vail. Our business is 100% based upon relationships and we couldn't have found a better group of guys to make deals with. #Dealmakers #Eagleriver #Relationships

NEW LISTING: Eagle River Energy Advisors, LLC has been exclusively retained by Vaquero Permian, LLC (“Seller”) to divest certain operated and non-operated leasehold working interest assets in the Central Basin Platform. The assets provide the opportunity to acquire an 87% oil-weighted production stream of 630 net BOEPD. Additionally, this package is well diversified across 4 major fields, with a high margin production given oil weighting of ~$30/BOE. Lastly, this asset has a PDP PV-10 Value of $38.2 MM as well as a Last Twelve-Month net cash flow of $7.4 MM. Bids for the Acquisition Opportunities with Vaquero Permian, LLC referenced in this press release are due April 11, 2024. Please contact Eagle River Energy Advisors, LLC to learn more. #permianbasin #permian #oilandgas

Thank you Mike Stolze of Eagle River Energy Advisors, LLC for speaking at the March 2024 EFDG meeting. We appreciate those who attended and we look forward to our next meeting on Tuesday, April 2nd.