PetroDivest Advisors

Maximizing Value in the Lower Middle Market Space

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.

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

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

Jerry Edrington, Director

Jerry Edrington is an experienced business development specialist with a demonstrated history of working in the oil and gas industry. Jerry focuses on deal origination, marketing, and transaction negotiation at PetroDivest, where he serves as a Director.

Prior to joining PetroDivest, Jerry spent 30 years in the banking and real estate industry and the last 10 years as the head of Business Development for Craton Oil & Gas in Houston. Jerry is active in many industry organizations and is a co-founder of ADAM-Houston.

Melinda Faust

Melinda Faust

Managing Director

Bio

Melinda Faust , Managing Director

Melinda joined the Detring Energy Advisors team as a Director in May 2016, where she assists with business development efforts across both the Detring and PetroDivest platforms. Formerly, Ms. Faust was a Director at Lantana Energy Advisors where she was actively involved in sourcing and executing transactions across the small and mid-cap A&D space. Melinda is the Founder and President of ADAM-Houston, ADAM-Permian and ADAM-Rockies A&D networking organizations (Acquisitions, Divestitures And Mergers), which host a combined membership of over 700 senior-level professionals.

Ms. Faust began her career in the oil and gas industry in 1998 at a small offshore independent and has since spent time at then start-up DrillingInfo, Noble Royalties, Lantana Energy Advisors and finally her advisory role at Detring & PetroDivest.

Ms. Faust holds a Bachelor of Science in Marketing from the University of New Orleans and is actively involved in multiple industry organizations, including the ADAM groups, Independent Petroleum Association of America, Houston Producers Forum and Small Steps Energy Classic.

Derek Detring

Derek Detring

President

Bio

Derek Detring, President

Derek’s career has been fully devoted to energy advisory, where he has completed over $7.5 billion in capital raising and M&A advisory transactions. Derek spent the first four years of his career at Merrill Lynch, where he primarily focused on capital raising and M&A assignments for large, publicly-listed companies, followed by four years at Integral Advisors, a boutique A&D advisory firm he co-founded in 2009. Most recently, Derek served within Wells Fargo’s A&D group, where he helped package, market and close several transactions.

Derek graduated summa cum laude and first in his engineering class from Vanderbilt University and attended the Wharton Executive Education Program, where he passed with honors.

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