The following information is provided by TenOaks Energy Advisors LLC. All inquiries on the following listings should be directed to TenOaks. Hart Energy is not a brokerage firm and does not endorse or facilitate any transactions.
BHCH Mineral Ltd. retained TenOaks Energy Advisors for the sale of an undivided 50% of its legacy mineral and royalty portfolio located across numerous basins in the continental U.S.
BHCH owns a diversified mineral and royalty portfolio spanning many different basins throughout the Lower 48. The properties are broken up into four sub-packages: Delaware Basin, Midland Basin, Eagle Ford and diversified portfolio. The next 12-month cash flow for the total portfolio is $3.8 million, according to TenOaks.
Bids are due at noon CST on Aug. 27. The transaction is expected to have an Aug. 1 effective date.