Marketed: Private Seller Midland Basin Nonoperated Working Interest

A private seller has retained RedOaks Energy Advisors for the sale of nonoperated working interest properties located in the Midland Basin and concentrated in Howard, Reagan and Upton counties, Texas.

Provided by RedOaks Energy Advisors

A private seller has retained RedOaks Energy Advisors as the exclusive adviser in connection with the sale of certain nonoperated working interest properties located in the Midland Basin. The offering comprises a significant acreage footprint with strong near-term cash flow, RedOaks said. The working interest is concentrated in Howard, Reagan and Upton counties, Texas. Primary operators include SM Energy Co. and an affiliate of Houston-based Riverbend Energy Group.

Bids are due on Feb. 24. The transaction is expected to have a Feb. 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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