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.

Blue Flame Minerals LLC retained RedOaks Energy Advisors LLC for the sale of its Bakken/Three Forks minerals position located in North Dakota.

Highlights:

  • 1,055 Net Royalty Acres
    • Counties:  Williams, McKenzie, Mountrail and Dunn
  • 226 horizontal producing wells
  • Significant near-term development:
    • 40 drilled but uncompleted wells
    • 31 Permits
  • 36 spuds on position since January 2019
  • Projected next 24-month cash flow: $3.7 million
Blue Flame Minerals Bakken/Three Forks Position Asset Map (Source: RedOaks Energy Advisors LLC)
Blue Flame Minerals Bakken/Three Forks Position Asset Map (Source: RedOaks Energy Advisors LLC)

Bids are due by Oct. 31. For information visit redoaksenergyadvisors.com or contact David Carter, managing director of RedOaks, at David.Carter@redoaksadvisors.com or 214-420-2334.