Marketed: HEXP Resources Operated Permian Waterflood Properties

HEXP Resources LLC retained RedOaks Energy Advisors for the sale of certain operated properties located in the Permian Basin in Cochran County, Texas.

Provided by RedOaks Energy Advisors

HEXP Resources LLC retained RedOaks Energy Advisors as the exclusive adviser in connection with the sale of certain operated properties located in the Permian Basin. The offering includes an active waterflood covering 4,826 gross (3,876 net) acres (100% HBP) in Cochran County, Texas, with projected next 12-month PDP net cash flow of $2.2 million.

Bids are due March 24. The transaction is expected to have an effective date of March 1. 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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