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)
Marketed: Sabine Oil & Gas East Texas Operated Asset

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.

Onshore