PetroDivest Advisors

Maximizing Value in the Lower Middle Market Space

What we do

PetroDivest Advisors is a boutique advisory firm offering negotiated, sealed bid acquisitions & divestitures services to the upstream oil & gas industry. Through our affiliation with Detring Energy Advisors, PetroDivest brings technical expertise to the small-cap A&D market where our in-depth engineering, geologic, and petrophysical analysis ensures value is maximized for our clients.

If you are interested in learning more about PetroDivest Advisors or offering an asset for sale, please e-mail us at info@petrodivest.com. If you are interested in joining our distribution list, please fill out a buyer profile.

Current Engagements


South Texas Producing Property Opportunity

Stable Production base yielding significant cash flow ( ~4 MMcfe/d | ~$1.2MM 2019 operating income)

11,870 net acres (100% HBP) with ~88% of the position operated by Smith Production

Highly delineated position with 60 actively producing properties

Bids due July 22, 2020

Wolfberry Producing Property Opportunity

Low-decline production base (~12% decline | ~40 Boed net production)

218 net acres (100% HBP) across 6 producing units

100% operated by Prime Operating ( 14.6% WI | 10.9% NRI)

Bids due July 22, 2020

Teapot Dome Stacked-Pay Opportunity

10,141 net acres including mineral rights and ~9,000 acres of surface available through this process

340 Boed (~98% oil) net production and $1.4MM NTM PDP cash flow

Ongoing waterflood pilot with prolific reserves through expansion (~4.6MMBO)

Bids due August 19, 2020

Austin Chalk Development Opportunity

5,228 highly-contiguous net acres, in the heart of the Austin Chalk play, with 4 acreage blocks identified (Avg. 8/8ths lease NRI: ~77%)

Extensions available for ~90% the of position, providing flexibility for near-term development timing (Acreage in primary term with options to extend to 2023+)

Texas American has completed rigorous analysis identifying 28,300 lateral-feet in 5 high-quality locations

Bids due September 16, 2020

Our Team


Jerry Edrington

Jerry Edrington

Director - Origination

BIO

Melinda Faust

Melinda Faust

Managing Director

BIO

Derek Detring

Derek Detring

President

BIO

PetroDivest Advisors

PetroDivest Advisors is an affiliate of Detring Energy Advisors and works closely with the Detring team to bring the most technically sound packages to the small-cap A&D market.

Contact Us


1885 St. James Place, Suite 1200, Houston, TX 77056
713-595-1023 | info@petrodivest.com