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


Core Non-Operated Leasehold Opportunity

  • 1,285 net acres under active development
    • Acreage is 100% HBP by horizontal production
    • Leading operators actively developing EnCore units include Henry Resources, Driftwood Energy, and Pioneer
  • 15 producing horizontal wells (~9,300’ average lateral)
    • ~15% average unit working interest
    • ~300 Boed current net production (May 2021 est.)
    • ~$3.1MM NTM PDP cash flow | ~$11MM PDP PV-10%
  • 2 recent completions (currently flowing back) and 9 permitted locations (~40% avg. WI) driving significant production and cash flow growth through 2H2021
  • Bids due May 19, 2021

Permian Basin Minerals Opportunity

  • ~5,400 Net Royalty Acres
    60% Delaware / 40% Midland
  • High-quality acreage spanning the oil-rich cores of the Delaware and Midland Basins with exposure to premier operators
    • Top operators include Ovintiv, Diamondback, and EOG
  • Substantial cash flow growth via DUC/Permit development
    • 10 DUC and 24 permits with an average ~0.6% NRI
  • Operators completing prolific wells across multiple economic Wolfcamp, Spraberry and Bone Spring targets
    • Significant delineation with IP’s and EUR’s consistently topping 1,500 Boed, 1 MMBoe, respectively
  • ~220 hz rigs currently running throughout the Permian ensure mineral value acceleration
    • 15 rigs within 3 miles of position
  • Bids due May 19, 2021

Our Team


Jerry Edrington

Jerry Edrington

Director - Origination

Melinda Faust

Melinda Faust

Managing Director

Derek Detring

Derek Detring

President

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