Penn Virginia Corp. has retained RBC Richardson Barr to sell its interests in producing properties and related assets primarily in the Arkoma and Anadarko basins of Oklahoma.
The package consists of 535 producing wells, both operated and non-operated, on approximately 100,000 net acres primarily targeting the Hartshorne and Booch coals. Approximately 60% of the acreage is held by production and conveys rights on all depths that are controlled.
The wells are in Beaver, Ellis, Dewey, Custer, Washita, Noble, Pawnee, Logan, Canadian, Oklahoma, Cleveland, Grady, McClain, Stephens, Garvin, Hughes, Pittsburg, McIntosh, ...