Banner Oil & Gas LLC has retained E-Spectrum Advisors LLC to assist with its sale of Oklahoma and North Texas conventional properties with net proved reserves of 8.3 MMBOE.
The company said the net present value of estimated future oil and gas revenues (PV-10) is $145.5 million.
The online data room is now open. Bids are due Oct. 24. For more information, contact Lindsay Sherrer of E-Spectrum Advisors at 214-987-6109 or email@example.com.