Marketed: Blackbeard Operating Permian Basin Divestiture

Transaction Type
Permian Basin; Central Basin Platform
Kermit and Jalmat Fields
Announce Date
Post Date
Close Date
Room Opening Date
Estimated Price

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.

Blackbeard Operating LLC retained TenOaks Energy Advisors as its exclusive adviser in connection with the sale of certain oil and gas properties located in the Permian Basin’s Central Basin Platform. The offering includes a largely operated position of 21,589 gross (20,853 net) acres (100% HBP) focused in two prolific oil fields in Winkler County, Texas, and New Mexico’s Lea County.

Bids are due March 2. A virtual data room is available. For information visit or contact Forrest Salge at TenOaks Energy Advisors at 817-233-4096 or