Waveland Bakken Holdings, LLC
Williston Basin Non-Operated Production, Leasehold and Minerals
North Dakota and Montana
Waveland Bakken Holdings, LLC is offering for sale certain non-operated production, leasehold and minerals in the Williston Basin with leading operators actively drilling on Waveland acreage
ASSET HIGHLIGHTS
- $3.7MM net October 2023 forecast PDP cashflow, ~$33MM NTM cumulative net PDP cashflow
- MI/RI & ORRI net cashflow of $262k/month October 2023, NTM net cashflow of ~$3.0MM
- 2,407 net BOEPD consisting of 1,807 BOPD, 1.9 MMCFD, and 280 Bbls NGL/day from 2,325 horizontal and 8 vertical wells
- Production from 92 DUCs & AFEs add 526 net BOEPD and $646k/month in Q3 2024
- All new activity projected to be fully funded within cashflow
- >19,000 net leasehold acres and >3,800 net mineral / royalty acres in Bakken and Three Forks formations
- Chord, Continental, Enerplus, Hess and Grayson Mill rigs on or adjacent with 95 additional 2-mile permitted locations
- Undeveloped acreage in the core of the Bakken/Three Forks with single well ROR in excess of 100% and >3x ROI
Please return CONFIDENTIALITY AGREEMENT to Nick Asher at nasher@meagheradvisors.com
For Questions, Please Contact:
| Chris McCarthy, Executive Vice President | (303) 721-0281 |
| Nick Asher, Vice President | (303) 721-9781 |
| Simon Cohn, A&D Engineer | (720) 390-6023 |
NOTE: A Confidentiality Agreement (“CA”) must be executed prior to receiving the data package for this listing.
Once you order the package you will receive the Executive Summary along with the CA.