Marketed: Legacy Permian Basin Mineral, Royalty Portfolio

A private seller retained TenOaks Energy Advisors for the sale of certain mineral and royalty properties located in the Delaware and Midland basins of the Permian.

Provided by TenOaks Energy Advisors

A private seller is offering for sale certain mineral and royalty properties located in the Delaware and Midland basins of the Permian. The company retained TenOaks Energy Advisors as its exclusive adviser in connection with the transaction.

The offering includes legacy mineral and royalty portfolio strategically positioned in rapidly developing areas of both the Delaware and Midland basins with an expansive footprint covering 7,503 net royalty acres and a next 12-month cash flow of $32 million.

Bids are due at noon CST on July 28. The transaction effective date is July 1. A virtual data room is available. For information visit tenoaksenergyadvisors.com or contact Forrest Salge at TenOaks Energy Advisors at 817-233-4096 or Forrest.Salge@tenoaksadvisors.com.

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