Marketed: Callon Petroleum Operated Midland Basin Sale

Transaction Type
Sellers
Marketers
Basin
Permian Basin; Midland Basin
Announce Date
Post Date
Close Date
Room Opening Date
Estimated Price
MM
Description

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.

Callon Petroleum Operating Co. retained TenOaks Energy Advisors as its exclusive adviser in connection with the sale of certain operated Midland Basin properties in Midland and Howard counties, Texas. The properties include a combined 1,150 net acres (100% HBP) with net production of 964 boe/d (78% liquids) and projected next 12-month PDP cash flow of $11.1 million.

Bids are due at noon CST on Aug. 3. Signing of a purchase and sale agreement is targeted by Aug. 17.

A virtual data room will be available starting July 1. For information visit tenoaksenergyadvisors.com or contact Lindsay Sherrer at TenOaks Energy Advisors at 214-420-2324 or Lindsay.Sherrer@tenoaksadvisors.com.

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