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.

NOGP Operating Co. Inc. retained RedOaks Energy Advisors as the exclusive adviser in connection with the sale of certain operated properties in Oklahoma.

Highlights:

  • Operated turn-key asset in Oklahoma’s Kay, Noble, Pawnee and Payne counties (93% Working Interest | 77% Net Revenue Interest)
  • 142 square miles of proprietary 3D seismic data available for sale
  • ~44,000 gross acres (60% HBP)
  • Operator has 100% success rate reworking 29 PDNP wells since operations began July 2019
  • Target formations:  Mississippi | Red Fork | Woodford
  • Next 12-month PDP cash flow: $1.6 million
  • Net production: 157 boe/d (54% Liquids)
  • PDP PV10: $6.3 million
  • 35 return-to-production opportunities (PDNP PV-10 : $11.5 million)
Marketed: NOGP Operated Turn-key Asset in Oklahoma
NOGP Operating Landscape: Kay, Noble, Pawnee and Payne counties (Source: RedOaks Energy Advisors LLC)

Bids are due by Sept. 14. The transaction is expected to have an Aug. 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.

Onshore