Marketed: AVAD, Vendera Operated Permian Basin Properties

AVAD Energy Partners LLC and Vendera Resources retained TenOaks Energy Advisors as the exclusive adviser in connection with the sale of operated properties in the Permian Basin in Crockett County, Texas. The properties consist of an operated, HBP footprint with net production of roughly 400 boe/d (91% oil) across 20 producers plus highly economic drilling inventory targeting the Lower Wolfcamp.

Bids are due at noon CST on April 14. The transaction is expected to close on May 31 with a purchase and sale agreement signing targeted by May 2. A virtual data room will be available starting March 8. For information visit tenoaksenergyadvisors.com or contact Trey Bonvino at TenOaks Energy Advisors at 817-233-4096 or Trey.Bonvino@tenoaksadvisors.com.