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.

Brazos River Exploration is offering for sale operated properties located in the Fort Worth Basin. The company has retained TenOaks Energy Advisors as its exclusive adviser in connection with the transaction.

Key Considerations:

  • Blocky operated leasehold with high ownership interests in the Fort Worth Basin
  • Net Production:  ~700 boe/d across 21 producers (54% oil)
  • Next 12-month Cash Flow: $12 million
  • PDP PV-10: $29 million
  • Upside features two turnkey DUCs, new drills, refracsand additional operational projects
    • DUC PV15: $8 million (<1 year payout)
    • PUD PV20: $12 million (F&D of $14 / boe)
    • Primary Formation: Caddo​
Hart Energy August 2022 - TenOaks Energy Advisors Marketed Map - Brazos River Exploration Operated Fort Worth Basin Properties

Bids are due at noon CST on Sept. 20. The transaction has an effective date of July 1.

A virtual data room is available. For information visit or contact Trey Bonvino at TenOaks Energy Advisors at 972-489-6213 or