Case Studies: Competitive Valuations, Swift Closings

Overview

Oil & Gas Asset Clearinghouse successfully facilitated the sale of a large $16MM Net AFE package in Weld County, Colorado. The transaction highlights Clearinghouse's ability to leverage both its live auction platform and post-auction negotiations to secure premium outcomes for clients.

Transaction Highlights

• Asset Type: AFE - Non-Operated WI Package

• Location: Weld County, Colorado

• Operator: Civitas Resources

• Ownership: 13.25% WI / 9.88% NRI

• Development: 18 planned 2-mile horizontal wells, spud Q3 2025

• CAPEX: $15.8MM Net / $119MM Gross

• Target Formations: Codell & Niobrara

Clearinghouse Approach

The package was first marketed through Clearinghouse's auction platform, generating strong engagement but not reaching reserve. Through immediate follow-up negotiations with qualified bidders, Clearinghouse secured a sale, ensuring value for the seller while meeting the buyer's development goals.

Outcome

• Result: $16MM Net AFE successfully sold post-auction.
• Takeaway: Clearinghouse's dual-track process (auction + negotiated sale) maximizes transaction certainty and delivers liquidity, even when assets don't trade in the live event.