Marketed: Blue Flame Minerals Bakken/Three Forks Position

Transaction Type
Sellers
Marketers
Basin
Williston Basin; Bakken Shale/Three Forks
Announce Date
Post Date
Close Date
Room Opening Date
Estimated Price
MM
Description

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.

Blue Flame Minerals LLC retained RedOaks Energy Advisors LLC for the sale of its Bakken/Three Forks minerals position located in North Dakota.

Highlights:

  • 1,055 Net Royalty Acres
    • Counties:  Williams, McKenzie, Mountrail and Dunn
  • 226 horizontal producing wells
  • Significant near-term development:
    • 40 drilled but uncompleted wells
    • 31 Permits
  • 36 spuds on position since January 2019
  • Projected next 24-month cash flow: $3.7 million

Bids are due by Oct. 31. For information visit redoaksenergyadvisors.com or contact David Carter, managing director of RedOaks, at David.Carter@redoaksadvisors.com or 214-420-2334.

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