The following information is provided by RedOaks Energy Advisors. All inquiries on the following listings should be directed to RedOaks Energy Advisors. Hart Energy is not a brokerage firm and does not endorse or facilitate any transactions.

Galatyn Minerals LP retained RedOaks Energy Advisors for the sale of certain mineral and royalty properties located in Oklahoma, Louisiana and Texas. The mineral portfolio covers approximately 6,200 net mineral acres and 3,380 net royalty acres focused in the Mid-Continent region.

Galatyn map
(Source: RedOaks Energy Advisors)

Key Considerations

  • ~8,380 net royalty acres ("NRA") in the core of the Mid-Con
  • NTM forecasted net cash flow: $3.4 MM
  • Diversified production base spread across 340 producing horizontal wells
    • PDP PV-10: $4.7 MM
  • Consistent drilling activity on the position with significant line of sight to near-term development (13 - DUCs / Permits)
    • DUC / Permit PV-10: $1.1 MM
  • Primary operators: Continental, Ovintiv, EOG, Citizen, and Camino
  • Upside inventory features 1,500+ quantified drilling locations targeting heavily delineated benches

Bids are due at noon CST on Oct. 5, 2023. For complete due diligence information, please visit redoaksenergyadvisors.com or email David Carter, partner, at david.carter@redoaksadvisors.com.