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.
Sabine Oil & Gas LLC retained RedOaks Energy Advisors as the exclusive adviser in connection with the sale of certain East Texas properties.
Highlights:
- 37,649 gross / 31,430 net acres (98% HBP)
- Cherokee, Leon, Harrison and Marion counties
- PDP PV-10: $9.6 million
- Net production: 6,221 Mcfe/d (83% gas)
- 2021 PDP cash flow (projected): $2 million
- Significant upside potential
- 40 quantified recompletion opportunities (PDNP PV-10: $9.6 million)
- 29 quantified horizontal Cotton Valley PUDs
- Formation targets including: Cotton Valley, Rodessa, Pettit, Travis Peak
- Operational efficiencies and third party revenues from company owned gathering system (126 miles)
Bids are due March 3. 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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