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.
Springbok Energy Partners LLC retained RedOaks Energy Advisors LLC for the sale of a portion of its mineral portfolio located across multiple basins.
Springbok will entertain offers for the entire package or one or more individual basins, according to RedOaks, the company's exclusive adviser for the sale. [Editor's note: Springbok also has a package of assets on the market through TenOaks Energy Advisors LLC, RedOaks parent company.]
Highlights:
- Areas included: Cotton Valley, Utica/Marcellus, Scoop, Arkoma, Panhandle and Barnett
- Total Net Royalty Acres: 4,823
- Horizontal PDP wells: 508
- Significant near-term development:
- 42 drilled but uncompleted wells (DUCs)
- 25 Permits
- Future 12-month Cash Flow: $2.3 million (Proved Developed Producing/DUCs/Permits)
Bids are due Oct. 22. For information visit redoaksenergyadvisors.com or contact David Carter, managing director of RedOaks, at David.Carter@redoaksadvisors.com or 214-420-2334.
Recommended Reading
Report Shows More Unconventional Potential In Anadarko Basin
The Anadarko Basin’s Simpson shale formation is being called “one of the biggest yet-to-be-developed shale plays in the United States.”
International Highlights
Check out the latest E&P highlights from around the world.
Updated: Top 12 IP Wells in Niobrara Shale
May 2020: Niobrara Discovery in Converse County, Wyo.: 1.285 Mbbl of Oil, 2.436 MMcf of Gas Per Day