The following information is provided by RedOaks Energy Advisors LLC. All inquiries on the following listings should be directed to RedOaks. Hart Energy is not a brokerage firm and does not endorse or facilitate any transactions.
A confidential seller retained RedOaks Energy Advisors as the exclusive adviser in connection with the sale of certain minerals and royalties located in the Haynesville Shale.
Highlights:
- 1,088 net royalty acres (normalized to 1/8th royalty)
- 43 PDP wells
- Near-term development: One DUC | One Permit | Four Pre-Permits
- Projected next 12-month net cash flow: $1.6 MM
- Total PV-10: $11.7 million
- Primary operators: BP, Chesapeake Energy, Southwestern Energy and EXCO Resources
Bids are due Feb. 9. The transaction is expected to have a Jan. 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.
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