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.
A private seller has retained RedOaks Energy Advisors LLC as its exclusive adviser in connection with the sale of its Haynesville minerals position.
Highlights:
- 2,248 net royalty acres (normalized to 1/8th)
- Diversified position in Texas and Louisiana across 45 DSUs
- Texas: San Augustine, Shelby and Nacogdoches counties
- Louisiana: Caddo, De Soto, Sabine, Bienville, Bossier and Red River parishes
- 76 horizontal PDP wells
- Primary Operators: XTO Energy Inc., Chesapeake Energy Corp., Indigo Natural Resources LLC and EXCO Resources Inc.
Bids are due Dec. 10. A virtual data room is available. The transaction is expected to have a Nov. 1 effective date.
For information visit redoaksenergyadvisors.com or contact Will McDonald, associate of RedOaks, at Will.McDonald@redoaksadvisors.com or 214-420-2338.
Recommended Reading
Petrie Partners: A Small Wonder
2024-02-01 - Petrie Partners may not be the biggest or flashiest investment bank on the block, but after over two decades, its executives have been around the block more than most.
Chesapeake Slashing Drilling Activity, Output Amid Low NatGas Prices
2024-02-20 - With natural gas markets still oversupplied and commodity prices low, gas producer Chesapeake Energy plans to start cutting rigs and frac crews in March.
Hess Corp. Boosts Bakken Output, Drilling Ahead of Chevron Merger
2024-01-31 - Hess Corp. increased its drilling activity and output from the Bakken play of North Dakota during the fourth quarter, the E&P reported in its latest earnings.
Matador Resources Announces Quarterly Cash Dividend
2024-04-18 - Matador Resources’ dividend is payable on June 7 to shareholders of record by May 17.
CEO: Coterra ‘Deeply Curious’ on M&A Amid E&P Consolidation Wave
2024-02-26 - Coterra Energy has yet to get in on the large-scale M&A wave sweeping across the Lower 48—but CEO Tom Jorden said Coterra is keeping an eye on acquisition opportunities.