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.
Blackbeard Operating LLC retained RedOaks Energy Advisors as its exclusive adviser in connection with the sale of its majority operated position in the Western Anadarko Basin of Oklahoma.
Highlights:
- High-quality, conventional properties in legacy fields
- Counties: Roger Mills, Beckham, Custer, Ellis, Cimarron, Beaver and Washita
- 52,964 Net Acres | 100% HBP | 90% Operated
- Net Production: 6.600 MMcfe/d
- Mature, low-decline production profile
- Key formations: Marmaton, Skinner/Hogshooter Wash, Red Fork and Tonkawa/Cleveland
- Upside Potential:
- Significant inventory of recompletion candidates
- Vertical and horizontal development opportunities
Bids are due by Aug. 20. A virtual data room is open. The transaction is expected to have an Aug. 1 effective date.
For information visit redoaksenergyadvisors.com or contact Will McDonald, associate of RedOaks, at Will.McDonald@redoaksadvisors.com or 214-420-2338.
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