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.
A private seller retained RedOaks Energy Advisors for the sale of a certain mineral and royalty interest in the Permian Basin. The package includes six benches currently producing on position.
Opportunity highlights:
- Premier Delaware/Midland Basin mineral & royalty portfolio spanning 1,162 NRA;
- Strategically positioned asset with continued growth: averaging 20 spuds per year on position over the last 6 years;
- Best-in-class subsurface with years of de-risked inventory; and
- Exponential growth potential with >600 remaining upside locations targeting proven benches.
- 6 benches currently producing on position.
- Portfolio provides superior diversification across leading Permian operators.
Bids are due Jan. 25 at noon CST. For complete due diligence, please visit redoaksenergyadvisors.com or email David Carter, partner, at david.carter@redoaksadvisors.com or Will McDonald, vice president, at will.mcdonald@redoaksadvisors.com
Recommended Reading
Aethon, Murphy Refinance Debt as Fed Slashes Interest Rates
2024-09-20 - The E&Ps expect to issue new notes toward redeeming a combined $1.6 billion of existing debt, while the debt-pricing guide—the Fed funds rate—was cut on Sept. 18 from 5.5% to 5%.
Battalion Accepts Smaller Buyout Offer From Fury Resources
2024-09-19 - Permian Basin producer Battalion Oil agreed to an updated proposal to be acquired by Fury Resources for $7 per share in cash after an initial offer last year of $9.80 per share.
Vistra Buys Remaining Stake in Subsidiary Vistra Vision for $3.2B
2024-09-19 - Vistra Corp. will become the sole owner of its subsidiary Vistra Vision LLC, which owns various nuclear generation facilities, renewables and an energy storage business.
Energy Transition’s Big Ticket Item? $1.5T in Natgas Infrastructure
2024-09-19 - Energy executives from companies such as Cheniere and Woodside are planning for the energy transition—and natural gas as part of it.
Macquarie Sees Potential for Large Crude Draw Next Week
2024-09-19 - Macquarie analysts estimate an 8.2 MMbbl draw down in U.S. crude stocks and exports rebound.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.