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.

Sabine Oil & Gas retained RedOaks Energy Advisors as the exclusive adviser in connection with the sale of certain operated and nonoperated properties located in East Texas.

Key Considerations:

  • Primarily operated East Texas position with significant upside potential
  • Projected August 2022 net production: 3.7 MMcf/d of gas | 79 bbl/d of liquids | 31 bbl/d of oil
  • Next 12-month PDP Cash Flow: $8.1 million
  • PDP PV-10: $28.0 million
  • Numerous up-hole recompletion candidates (Petit, Rodessa, Travis Peak)
  • 14 modeled Haynesville refrac opportunities
  • Sabine will retain all future development rights from the top of the Cotton Valley and below
RedOaks Energy Advisors Marketed Map - Sabine Oil and Gas East Texas Operated Nonop Properties
(Source: RedOaks Energy Advisors)

Bids are due July 20. The transaction is expected to have an effective date of Aug. 1.

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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