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.
Ventana Partners LP retained RedOaks Energy Advisors as its exclusive adviser in connection with the sale of nonoperated properties located primarily in the Delaware Basin.
The offer includes interest in Permian Basin assets operated by EOG Resources Inc. and Occidental Petroleum Corp. RedOaks said that other nonoperated conventional assets are also included in the package.
- Lea County, N.M. – Three EOG Operated Units
- 3,200 gross acres
- Ventana owns: about 1% average Working Interest
- 24 Horizontal Proved Developed Producing (PDP) wells
- Near term development:
- Two drilled but uncompleted wells (DUCs)
- Five Permits
- Lea County, N.M. – Occidental Petroleum Foxglove Unit
- About 3.2% Overriding Royalty Interest
- 600 gross acres
- Four Horizontal PDP wells
Here’s a quicklist of oil and gas assets on the market including Lime Rock Resources nonop working interest assets in the core of the Williston Basin plus a Haynesville Shale/Cotton Valley opportunity from Mammoth Minerals.
The acquisition of the three interconnected West Coast terminals from Plains All American marks Zenith Energy’s entry into the Los Angeles market, CEO Jeff Armstrong says.
Here’s a quicklist of oil and gas assets on the market including a Powder River Basin package plus an offering of operated assets and HBP leasehold in Louisiana’s Jefferson and Plaquemines parishes.