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.
Royal Blue Minerals II LP retained RedOaks Energy Advisors LLC as its exclusive adviser in connection with the sale of its Williston Basin minerals position. The interests cover acreage across North Dakota's McKenzie, Williams, Mountrail and Dunn counties.
Highlights:
- 670 Net Royalty Acres (normalized to 1/8th)
- Significant near-term development:
- 35 DUCs | 42 Permits
- 12 spuds on position in third-quarter 2020
- Projected next 12-month cash flow: $1.1 million
- 98 producing horizontal wells
Bids are due Nov. 20. A virtual data room is available.
For information visit redoaksenergyadvisors.com or contact Will McDonald, associate of RedOaks, at Will.McDonald@redoaksadvisors.com or 214-420-2338.
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