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Ward Petroleum Corp Non-Op Sale

OK & TX Working Interest & Leasehold

Effective date of the transaction
03/01/2019
Data Room Opens
04/17/2019
Bids Due
05/15/2019
Closing Date
07/15/2019
Virtual Data Room

Description

Non-Op Working interests in more than 464 wells*

· 448 Oklahoma Wells

· 15 Texas Wells

· 1 Well in Alabama

· ~5,317 net acres of unit rights

· Springer:  ~2,827 Net Acres

· Mississippian:  ~1,896 Net Acres

· Woodford:  ~1,330 Net Acres

 

 

Details

Approximate 2018 cashflow & Daily Prod Rates

 

· ~ $2,000,000/year

· ~ 65 Bbls of Oil/day

· ~ 70 Bbls of NGL/day

· ~ 1,500 MCF/day