PRIVATE SALE
Oklahoma Stack Minerals Dewey and Major Counties, Oklahoma AVAILABLE FOR REVIEW
Mississippian, Woodford, and Hunton Formations Dewey and Major Counties, OK
Sealed Bids Due May 9, 2018
OPPORTUNITY HIGHLIGHTS 7
AAR mineral prospect 136.28 NMA - 737.41 Gross AC | Stack Extension, OK
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/2
8/ 31
3/ 12
17 20
8/ 20 /2
5/ 1/
8
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/2
1/ 24
17 7/ 20 /1 10
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17
106.28 NMA / 457.41 Gross Ac. Section 31, T20N-R16W Dewey & Major Co., OK Lessee: Devon Energy Prod Royalty: 3/16th Effective 1 9 Date: N 1 44/19/2017 W Term: 3 Years Spud Date: 3/1/2018 043-23493 043-23493 Well: Mercury 6_31-19N-16W 1HX CHARLES '1H-19 CHARLES '1H-19 IP IP BO BO 390, 390, MCF MCF 1,130 1,130 API: 3504323596 Status: Currently Drilling _____________________________________
19N 15W
/2
7
7
7
01
01
/2
/2
/2
18
4/ 5/
20
18
8
20
01
[email protected] (817) 845-2508 PO BOX 1754 MIDLAND, TX 79702 0/
/2
/2
16 1/
30 6/
043-23464 043-23464 SPORTSMAN SPORTSMAN 3-18-16 3-18-16 1H 1H IP IP BO BO 265, 265, MCF MCF 5,190 5,190
7/
20
17
17
01
1/ 4/
/8
DEWEY
14 6/
9/ 13
7
11
01
17
8 2/ 13 17 20 6/ 6/
11
10
459
20 0/
/2
01
7
TAPSTONE DONELL 2920-19-17 1H 3/20/2018
/1
WARD 21-1H
/2
01
NORTHWEST STACK STRATIGRAPHY
11
409
12 5/
19N 16W
19N 17W
392
JOHNSON 26-35-1H
/2
20
7
7/ 10
043-23495 043-23495 EARL EARL 30-19-17 30-19-17 1H 1H IP IP BO BO 295, 295, MCF MCF 3,395 3,395
445 329 324
WALTERS 13-1H
14 2/
093-25020 093-25020 JOHNSON JOHNSON '26-35-1H '26-35-1H IP IP BO BO 262, 262, MCF MCF 2,710 2,710
6/ 1/
01
584
FENTON 17-1H MCCONNELL 19-1H WOODRING 30-31-1H
093-25031 093-25031 KEETON KEETON 2015 2015 '1-24H '1-24H IP IP BO BO 254, 254, MCF MCF 1,583 1,583
17
/2
18
30 NMA / 280 Gross Ac. Section 25, T19N-R17W Dewey Co., OK 2 0 N Energy 1 4 W Prod Lessee: Devon 093-25027 093-25027 Royalty: 3/16th MCCONNELL MCCONNELL '19-1H '19-1H Effective IP 238, IP BO BO 238, MCF MCF 1,666 1,666 Date: 3/11/2015 Term: 3 Years Spud Date: 11/2/2017 Well: Diercks 25-19N-17W 1H API: 3504323559 Status: HBP, waiting on PIPE. _____________________________________
093-25035 093-25035 WALTERS WALTERS '13-1H '13-1H IP IP BO BO 348, 348, MCF MCF 805 805
043-23449 043-23449 VIRGINIA VIRGINIA LEE LEE 10-19N-16W 10-19N-16W 1H 1H IP IP BO BO 386, 386, MCF MCF 3,627 3,627
18
13 7/
043-23489 043-23489 MERLE MERLE 32-19-17 32-19-17 1H 1H IP IP BO BO 296, 296, MCF MCF 2,024 2,024
452
VIRGINIA LEE 1H
/2
20 6/ 1/ 17
TAPSTONE ANITA 17/8-19-17 2H 3/21/2018
18 18 20 20 1/ 9/ 2/ 2/
17
0/ 20
7
20
/1
01
20
093-25040 093-25040 MEDILL MEDILL 2015 2015 '1-27H '1-27H IP IP BO BO 717, 717, MCF MCF 966 966
7
/2
769
1/
10
/2
COMANCHE WOODRING 30-31-2H 3/12/2018
DEVON EN MERCURY 6_31-19N-16W 1HX 3/1/2018
17
11
6/ 2/
093-25025 093-25025 WOODRING WOODRING '30-31-1H '30-31-1H IP IP BO BO 218, 218, MCF MCF 1,932 1,932
01
18
17
/2
20
8/ 4/
5/ 2/
20
752
17
548
20
20
043-23477 043-23477 RUSSELL RUSSELL 17-19-17 17-19-17 1H 1H IP IP BO BO 346, 346, MCF MCF 2,441 2,441
479
340
7/ 8/
7
11
/2
20N 15W
17
20
892
19N 18W
FRED 1H KEETON 1-24H
20
6/ 1/
17
406
MERLE 1H RUSSELL 1H SPORTSMAN 1H
6/ 6/
20
/2
7
7/ 6/
12
01
01
8 7 01 01 /2 /2 22 12 3/ 5/
043-23492 043-23492 HEDGES HEDGES 6-19-17 6-19-17 1H 1H IP IP BO BO 682, 682, MCF MCF 3,839 3,839
481
EARL 1H
/2
/2
7/ 12
20 COMANCHE 1/
17
/1
1/ 2/
CORLENA
20
12
093-25015 093-25015 WARD WARD '21-1H '21-1H IP IP BO BO 418, 418, MCF MCF 752 752
7
DEVON
3/
17
7
01
NEWFIELD
11
/1
7/
SANDRIDGE
/1
/2
20
17
IP BOE By Operator TAPSTONE HEDGES 1H
11
20
01
17
7
01
2/ 6/
17 20 8/ 8/
17 20 /1 1/ 12
01
/2
20
20N 16W 7/ 6/
/2
23 6/
01
18
/2
20
7
7 01 /2 8/ 17
5/ 2/
20N 17W
16 8/
PROSPECT OVERVIEW
MAJOR
7
6/ 23
01
NORTHWEST STACK, OKLAHOMA 50’-100’
TAPSTONE
0
5
10
OTHER OPERATOR COMANCHE DEVON SANDRIDGE TAPSTONE
15 Major
20
25
30
35
40
PREV 12 MO HORIZONTAL PERMIT
Woodward
1/ 4/
20
18
Dewey
17
7 01
1/ 20
/2
/2
IP GREATER THAN 200 BOPD AND 750 MCFPD
ACTIVE RIGS
NEWFIELD
18N 15W
29 1/
/2
01
8
OSAGE
80’-200’ 50’-160’ 450’-1 300’
18N 14W
20’-50’
WOODFORD SHALE HUNTON
ACTIVE HORIZONTAL RIGS 35-093-25132 COMANCHE EXPLORATION CO LLC (03/12/18) 35-043-23601 TAPSTONE ENERGY LLC (03/20/18) 35-043-23604 TAPSTONE ENERGY LLC (03/21/18) 35-043-23596 DEVON ENERGY PRODUCTION CO LP (03/01/18) 17
DEVON
18N 16W
MERAMEC UPPER MERAMEC LOWER
20
TEXP AAR MINERALS
12
18N 17W
18N 17W LegenD
4/ 7/
COMANCHE
11
18N 18W
BIG LIME / OSWEGO ATOKA / MORROW SPRINGER SHALE CHESTER / MANNING
7/ 27
7 01 /1
/2
SANDRIDGE
THICKNESS, FEET
FORMATION NAME
Prev. 12 Mo Horizontal Permits By Operator
OTHER OPERATOR
OGAC2018041151434NT
12
7 01
/2
17 8/
043-23486 043-23486 FRED FRED 4-19-17 4-19-17 1H 1H IP IP BO BO 597, 597, MCF MCF 2,847 2,847
CHARLES 1H-19
(281) 873-4600
21N 14W
/2
29 6/
153-23588 153-23588 FENTON FENTON '17-1H '17-1H IP IP BO BO 354, 354, MCF MCF 1,677 1,677
20N 18W
MEDILL 1-27H
• Operated by Devon Energy
21N 15W
9/ 15
WOO DWAR D
• Diercks 1H HBP • Mercury 1HX currently drilling
21N 16W
21N 17W
17
01 /2 5/ 31
21N 18W
9/ 20
01
/1
/2
7
31 5/
10
• 136.28 net mineral acres
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www.ogclearinghouse.com Oil & Gas Asset Clearinghouse, LLC 2018
PRIVATE SALE
Oklahoma Stack Minerals Dewey and Major Counties, Oklahoma
Evaluation Data Available at
Business Development and Negotiations Team Patrick DaPra
Vice President - Negotiated Transactions
[email protected] (832) 601‑7655
Amanda Novak
Business Development Houston
[email protected] (832) 601-7614
Data Room Now Open at www.ogclearinghouse.com Sealed Bids Due May 9, 2018 Contact Clearinghouse: Patrick DaPra
VP - Negotiated Transactions
[email protected] (832) 601-7655
George Soulis
Vice President - A&D
[email protected] (303) 570‑3761
Matt DaPra
Manager - Business Development Midland
[email protected] (713) 277‑7923
Matt DaPra
Manager - Business Development Midland
[email protected] (713) 277‑7923
Traverse Exploration, LLC (“Company”) is selling certain leasehold assets in Dewey and Major Counties, Oklahoma. Oil & Gas Asset Clearinghouse, LLC (“Clearinghouse”) is the exclusive technical, marketing, and transaction advisor for this sale. The Company and Clearinghouse make no representations or warranties, either expressed or implied, as to the accuracy or completeness of this information or its suitability for any purpose. The sales process contemplated herein is not exclusive. The Company and Clearinghouse reserve the right to withdraw all or any portion of the assets or change all or any terms of this sales process at any time without notice to any potential purchaser.
www.ogclearinghouse.com OGAC2018041151434NT
(281) 873-4600
Oil & Gas Asset Clearinghouse, LLC 1235 North Loop West, Suite 510 Houston, TX 77008 (281) 873‑4600
Clearinghouse has participated in the sale of over $13.2 billion of assets. We market operated and non-operated producing working interests, overrides, royalties, minerals and non-producing leaseholds to our database of over 20,000 registered and approved buyers and sellers.
[email protected] Oil & Gas Asset Clearinghouse, LLC 2018