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
Interview: Exxon Mobil CEO Predicts Resurgence of Investment in Fossil Fuels
2022-06-29 - “It’s a question of how high prices eventually rise” to spur investment, says Exxon Mobil CEO Darren Woods.
Halliburton CFO to Lead MENA Region in Leadership Reshuffle
2022-05-02 - Effective immediately, Halliburton said Lance Loeffler assumed the role of senior vice president of the company’s Middle East North Africa (MENA) region and Eric Carre assumed the role of CFO.
Valaris Appoints New Members to Executive Leadership Committee
2022-05-31 - Valaris Ltd. announced the appointment of three new members to its executive management committee: Davor Vukadin, who previously served as associate general counsel, and Chris Weber and Matt Lyne, who will start in the third quarter of 2022.
California AG Subpoenas Exxon Mobil for Details on Role in Global Plastic Pollution
2022-04-29 - The subpoena is part of a broader investigation led by California Attorney General Rob Bonta into the fossil fuel and petrochemical industries’ role in “causing and exacerbating the global plastics pollution crisis.”
Private Equity Investors See ‘Sustainable’ Opportunities Ahead
2022-05-20 - A focus on sustainability is drawing attention to certain technologies across different energy sectors.