Marketed: Dale/Peregrine Minerals Fund Multibasin Package
Dale/Peregrine Minerals Fund LP retained RedOaks Energy Advisors for the sale of its multibasin royalty properties comprising royalty acreage across premier oil and gas basins.
Hart Energy Staff
Dale/Peregrine Minerals Fund LP retained RedOaks Energy Advisors as its exclusive adviser in connection with the sale of its multibasin royalty properties. The offering comprises 7,132 net royalty acres across premier oil and gas basins with significant near-term development including 35 DUCs and 147 permits plus a projected next 12-month cash flow of $975,000. Primary operators of the properties consist of Hess, Whiting Petroleum and Continental Resources.
Bids are due Nov. 9. The transaction is expected to have a Nov. 1 effective date. A virtual data room is available. For information visit redoaksenergyadvisors.com or contact Will McDonald, associate of RedOaks, at Will.McDonald@redoaksadvisors.com or 214-727-4996.