三方达成购买尤因塔油砂土地的初步协议

Trio Petroleum 和卖方 Heavy Sweet Oil LLC 已就 Uinta Basin 的 PR Spring 油砂区以现金和股票交易达成意向书。


总部位于加州的Trio Petroleum Corp.已与私营运营商Heavy Sweet Oil LLC (HSO)签署意向书,拟收购尤因塔盆地(Uinta Basin) 2,000英亩土地。该交易以现金加股票的方式进行,价值约270万美元。

该公司在 5 月 20 日的新闻稿中表示,根据协议,Trio 向 HSO 支付 150,000 美元的不可退还款项,以获得收购和开发 Trio 选择的 2,000 英亩土地的选择权。

Trio 将向 HSO 发行 149 万股限制性普通股,为此次交易提供资金。Trio 还将支付 85 万美元现金,用于收购和开发犹他州 PR Springs 油砂。

Trio 表示,预计将为该项目提供 100% 的资本支出,净利润由 Trio 和 HSO 平分。

Trio 表示,这片占地 2,000 英亩的土地将支持七个井舱,共计 1,000 口油井。该公司表示,预计全面开发的土地将在 20 年的使用寿命内提供 5 万桶/天的“远期”产量。

该公司表示:“预计每口井的初始钻井和完井总成本不到 80 万美元,且成本会随着规模的扩大而下降,我们相信,对于像 Trio 这样的公司来说,这一机遇的经济性和规模都是极好的,具有变革意义。”

Trio 表示,油井的初始产品将是直接来自现场的商业级沥青,占产量的 90%,预计剩余的 10% 为柴油系列产品。

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Trio Reaches Initial Agreement to Purchase Uinta Tar Sands Acreage

Trio Petroleum and seller Heavy Sweet Oil LLC have agreed on a letter of intent for a cash-and-stock deal in the P.R. Spring tar sands area of the Uinta Basin.


California-based Trio Petroleum Corp. has entered a letter of intent to acquire 2,000 acres in the Uinta Basin from private operator Heavy Sweet Oil LLC (HSO). The cash-and-stock deal is worth roughly $2.7 million.

The agreement calls for Trio to pay HSO a non-refundable payment of $150,000 for the option to acquire and develop 2,000 acres of Trio’s choice, the company said in a May 20 press release.

Trio will fund the deal by issuing 1.49 million restricted shares of common stock to HSO. Trio will also pay $850,000 cash for the acquisition and development of Utah’s P.R. Springs tar sands.

Trio said it expects to provide 100% of the capex for the project, with the net profits split equally between Trio and HSO.

The 2,000-acre parcel will support up to 1,000 wells in seven-well pods, according to Trio. The company said it expects the fully developed acreage to provide “upwards” of 50,000 bbl/d within a 20-year life.

“With an expected initial total drilling and completion cost of less than $800,000 per well and declining with scale, we believe the economics and size of the opportunity are superlative and transformative for a company like Trio,” the company said.

Initial product from the wells will be commercial grade asphalt directly from the site for 90% of the production with an estimated 10% balance being a diesel range product, Trio said.

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