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.

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.


  • 918 net acres
  • 51 producing horizontal wells
  • Near-term development: Eight DUCs | Three Permits | 82 quantified upside locations
  • NTM Forecasted net cash flow: $1.7 million
  • Total PV-10: $16.8 million
  • Primary operators: SM Energy and RP Operating (Riverbend)
RedOaks Energy Advisors Marketed Map - Private Seller Midland Basin Nonoperated Working Interest
(Source: RedOaks Energy Advisors)

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 or contact Will McDonald, associate of RedOaks, at or 214-727-4996.