Marketed: Read & Stevens Operated, Nonoperated Delaware Basin Properties

Read & Stevens Inc. and First Century Oil Inc. retained TenOaks Energy Advisors for the sale of operated and nonoperated properties located in the Delaware Basin centered in Lea and Eddy Counties, New Mexico.

Provided by TenOaks Energy Advisors

Read & Stevens Inc. and First Century Oil Inc. are offering for sale certain operated and nonoperated properties located in the Delaware Basin centered in Lea and Eddy Counties, New Mexico. The company has retained TenOaks Energy Advisors as its exclusive adviser in connection with the transaction. The company’s preference is for a cash-free, debt-free corporate / entity sale.

Bids are due mid-September. Closing of the transition is targeted by the fall with an effective date of Nov. 1. A virtual data room is available. For information visit tenoaksenergyadvisors.com or contact Forrest Salge at TenOaks Energy Advisors at 817-233-4096 or Forrest.Salge@tenoaksadvisors.com.

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