Sold - Hansrude Sather Farms - Williston Basin Producing Minerals / Royalties
- Mineral and royalty asset in core Williston Basin, primarily operated by Continental Resources with numerous upside locations and existing cashflow
- 560 net mineral/royalty acres in a highly active township within Williams County, North Dakota
- May 2023 estimated PDP net cashflow and production of $70k and 35 BOEPD (87% oil)
- NTM cumulative PDP net cashflow of $605k and NTM PDP reserves of 9.5 MBOE
- Three confidential wells expected online by April (may be producing by the effective date)
- 26 additional economic undeveloped locations on three pads