Rosewood Resources Inc. has retained Energy Spectrum Advisors Inc. to sell interests in the Mississippian play primarily in northwestern Kansas.
The package includes an average 96% working interest (76% net revenue interest) in 90,496 gross acres (79,460 net) for all depths below the base of the Niobrara across the entire position. Approximately 50% of the leasehold ...
Genesis intends to finance the projects with funds available under its committed revolving credit facility.
The largest increase in the reserves was in the proved developed producing (PDP) category which rose 60%.