The following information is provided by TenOaks Energy Advisors LLC. All inquiries on the following listings should be directed to TenOaks. Hart Energy is not a brokerage firm and does not endorse or facilitate any transactions.
BlackBriar Royalty LP retained TenOaks Energy Advisors as its exclusive adviser in connection with the sale of mineral and overriding royalty interest properties located in the Austin Chalk and Eagle Ford Shale.
- ~50,000 gross acres / ~15,800 net royalty acres across Milam, Robertson and Burleson counties, Texas
- Next 12-month PDP Cash Flow: $10 million
- High Average Royalty Interest: 4.5% per unit
- PDP PV-10: $30 million | PUD PV20: $32 million
- 77 Horizontal PDPs
- 18 Horizontal completions in 2021 targeting the Austin Chalk and Eagle Ford formations
Bids are due at noon CST on June 9. The transaction effective date is June 1.
2022-05-18 - Here’s a snapshot of recent energy deals including Grey Rock’s $1.3 billion business combination with Paul Ryan-backed SPAC plus a $575 million roll-up of Rattler Midstream by Diamondback Energy.
2022-04-11 - Winright Resources retained TenOaks Energy Advisors for the sale of certain properties located in the Western Anadarko Basin in the Texas Panhandle.
2022-03-25 - Roxo Energy retained TenOaks Energy Advisors for the sale of certain operated, conventional Permian Basin properties located in the heart of the Midland Basin in Howard County, Texas.
2022-03-07 - White Oak Energy retained TenOaks Energy Advisors for the sale of its Magnet Withers Field, a prolific South Texas oil field in Wharton County.
2022-03-04 - AVAD Energy Partners LLC and Vendera Resources retained TenOaks Energy Advisors for the sale of operated Permian Basin properties in Crockett County, Texas.