King’s Peak Energy LLC is offering about 22,000 net acres HBP in Southwest Wyoming and Northeast Utah in a negotiated transaction as the company seeks strategic alternatives for the assets.The offer is comprised of operational control over three producing units and four producing fields with a PV-10 value of $31.8 million. The Denver-based company retained Bay Capital Corp./Riviera-Ensley Advisors to handle the transaction.
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Source: Daily Dose of ShaleDirectories.com News
March 2, 2017