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.

Providence Energy Partners II LP and Providence Energy Partners III LP has retained RedOaks Energy Advisors for the sale of a certain non-operated WI in the Delaware Basin. The package includes 42 horizontal producing wells.

redoaks energy
(Source: RedOaks Energy Advisors)

Opportunity Highlights:

•   Non-operated WI in the heart of Reeves County, TX
•   2,761 gross / 290 net acres across the Sentinel and Racetrack units
•   42 horizontal producing wells
     ○  PDP PV-10: $36 MM
     ○  NTM PDP FCF: $13 MM
•   7 DUCs in the Racetrack unit with two VTX rigs offset position
•   42 locations modeled across the position 
     ○  Location net reserves: >3 MMboe
•   Proven Permian Basin operators: Coterra and VTX

Bids are due Dec. 6 at noon CST. For complete due diligence, please visit or email David Carter, partner, at or Will McDonald, vice president, at .