Learn more about Hart Energy Conferences
Get our latest conference schedules, updates and insights straight to your inbox.
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.
Asset Highlights
- ~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.
A virtual data room is available. For information visit tenoaksenergyadvisors.com or contact Lindsay Sherrer at TenOaks Energy Advisors at 214-620-4421 or Lindsay.Sherrer@tenoaksadvisors.com.
Recommended Reading
Comstock Continues Wildcatting, Drops Two Legacy Haynesville Rigs
2024-02-15 - The operator is dropping two of five rigs in its legacy East Texas and northwestern Louisiana play and continuing two north of Houston.
NAPE: Chevron’s Chris Powers Talks Traditional Oil, Gas Role in CCUS
2024-02-12 - Policy, innovation and partnership are among the areas needed to help grow the emerging CCUS sector, a Chevron executive said.
Commentary: The Oil and Gas Future—Believe It or Not
2024-01-10 - If you believe the IEA’s analysis, plenty of oil and gas companies won’t survive very far into the future.
Beach Town Corpus Christi Grows into America’s Top Energy Port
2024-01-16 - The Port of Corpus Christi is the U.S.’ largest energy export gateway and in terms of total revenue tonnage as increased midstream investments have opened export markets for the prolific Permian Basin.
Gushing, Ohio: EOG Joins Ascent, Encino in Top Oil Wells
2024-01-22 - EOG’s latest wells in its new Ohio oil play are rolling into state public records, while Ascent Resources and Encino Energy are reporting the biggest producers. All three are landing 3-milers. Some are 3.5 miles.