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.
Bursake LLC, McAnso LLC and Hayes L&P LP retained RedOaks Energy Advisors for the sale of Permian Basin assets in southeastern New Mexico with bids due June 6.
The offer comprises nonoperated working interest properties within the Delaware Basin in Lea and Eddy counties, N.M.
Highlights:
- 3,374 Gross (619 Net) Acres
- Next 12-Month net production (Proved Developed Producing + Permits): 278 barrels of oil equivalent per day
- Proven Delaware Basin E&Ps
- Chisholm Energy Holdings LLC, Centennial Resource Development Inc. and Mewbourne Oil Co. Inc.
- Near-term development
- 15 active permits
- 400 remaining drilling locations
Bids are due by noon CST June 6. For information visit redoaksenergyadvisors.com or contact David Carter, managing director of RedOaks, at David.Carter@redoaksadvisors.com or 214-420-2334.
Recommended Reading
Athabasca Oil, Cenovus Energy Close Deal Creating Duvernay Pureplay
2024-02-08 - Athabasca Oil and Cenovus Energy plan to ramp up production from about 2,000 boe/d to 6,000 boe/d by 2025.
Novo II Reloads, Aims for Delaware Deals After $1.5B Exit Last Year
2024-04-24 - After Novo I sold its Delaware Basin position for $1.5 billion last year, Novo Oil & Gas II is reloading with EnCap backing and aiming for more Delaware deals.
CEO: EQT Positioned to Meet Demand of Power-guzzling AI Data Centers
2024-04-01 - EQT Corp.’s Toby Rice said demand for AI could exceed the power demand required to meet U.S. residential demand and jump 20% by 2030, in this Hart Energy Exclusive interview.
‘Monster’ Gas: Aethon’s 16,000-foot Dive in Haynesville West
2024-04-09 - Aethon Energy’s COO described challenges in the far western Haynesville stepout, while other operators opened their books on the latest in the legacy Haynesville at Hart Energy’s DUG GAS+ Conference and Expo in Shreveport, Louisiana.
Aethon’s Far Western Haynesville: Three Wells, 17.5 Bcf and Still Roaring
2024-02-05 - Aethon’s wells show no signs of flatlining—and neither are Comstock Resources’ tests, one of which has already reached nearly 50% of its previously estimated EUR.