DENVER, CO--(Marketwired - Apr 15, 2014) - PLS Inc., one of the energy industry's leading information, marketing and advisory firms, today announced that its Spring DEALMAKERS™ Expo in Denver, Colorado is taking place this Wednesday, April 16 and deal flow is ample for this prospect expo. In fact PLS already has over 80 sellers coming with over 130 different oil and gas prospects and projects to be on display. This power-packed, one-day prospect and property expo starts with breakfast at 8:00 am at the downtown Hyatt Regency at 650 15th Street and promises to be one of the best shows of the year.
DEALMAKERS is open to oil and gas buyers, sellers and capital providers, making it the industry's purest exchange for buying and selling prospects and properties while also funding development projects. The day-long prospect expo also provides ample opportunity for the oil, gas and financial communities to network with a pre-expo Happy Hour sponsored by BlueRock Energy Partners at 4:30 on April 15 in the foyer outside the ballroom. In addition to the pre-expo event there is also a noon luncheon and afternoon cocktail reception during the Expo on Wednesday, April 16.
As with all DEALMAKERS Expos, prospect and property offerings will be shown from a number of energy basins. As it currently stands, the preliminary breakdown of properties and prospects to be shown in Denver next week is as follows (final breakdown numbers at expo time will be larger):
||# of Deals
|Rockies & Appalachia
Sample Rockies deals include a 26,000-acre Utah prospect in Grand County targeting Paradox Basin; a multi-pay horizontal Northwest Colorado prospect in the Niobrara and Sand Wash Basin and a nonoperated project in North Dakota.
Midcontinent offerings on exhibit include a 25,000-acre North Texas leasehold targeting Pennsylvanian/Mississippian oil objectives (up to 100% WI); an 11,300-acre Kansas prospect in Trego & Ellis Counties (up to 75% operated WI); and a 50,500-acre Northwest Kansas leasehold in Decatur, Norton, Rawlins and Graham Counties with Central Kansas uplift (100% WI).
Sample deals for sale in the Permian include a 17,500-acre Pecos County Delaware Basin project in the liquids-rich Bone Spring with solid Wolfcamp prospects (100% WI); a West Texas non-participating royalty interest in Sterling & Coke counties targeting Wolfcamp, Cline and Strawn; and a West Texas shallow oil prospect in Granite Wash and King Sand (100% WI).
Exhibited Ark-La-Tex opportunities include a North Louisiana prospect targeting the Wilcox (75% WI); an East Texas prospect targeting Woodbine Smackover; and a 100,000-acre North Louisiana prospect with Monroe uplift in Morehouse and Richland parish.
Also on the market will be several West Coast opportunities including a 75,000-acre Elko County Nevada oil shale prospect in the Great Basin/Toano Draw; a 75,000-acre multi-pay opportunity in the Mississippian Diamond Peak Sands, Chainman shale & Pilot shale in Nevada (100% WI); and a 19,200-acre California package in Kern, Santa Barbara & San Luis Obispo Counties (100% WI) with a net output of 16 barrels of oil per day.
Private equity groups, banks and mezzanine lenders regularly attend DEALMAKERS™ oil and gas expos and Denver is no exception with Blue Rock Energy Partners, Five States Energy Capital, PetroCap, and others will all be on hand to network with buyers, sellers and project developers.
This Denver Prospect Expo is PLS's third show of the year. The firm has seven (7) more prospect expos scheduled this year including Calgary (May 5); Houston (May 14); Dallas (July 23); Houston (October 1); Calgary (October 8); Midland (October 28) and again in Denver (November 3). PLS's initial 2014 Dallas Dealmakers oil show and inaugural Midland Permian Prospect Expo each drew 600+ attendees.
About PLS DEALMAKERS
Started more than 25 years ago, DEALMAKERS is the original forum for buying and selling oil and gas prospects and properties. The one-day oil and gas expo brings together buyers, sellers and capital providers to conduct prospect showings, transact deals and network with each other over the hottest oil and gas plays. The event attracts the industry's preeminent prospect generators, playmakers, property sellers, agents, investment bankers, deal takers, acquisition firms and capital sources.
PLS is an integrated information, transaction and advisory firm founded in 1987. Initially adapting the real estate industry's highly effective MLS (multiple listing service) platform for the oil and gas industry, the firm has since expanded globally providing buyers and sellers with vital deal information, marketing and advisory services they need to better manage their portfolios and facilitate profitable transactions.