Marketed: Cash Flowing Oklahoma Minerals Across Seven Counties

Transaction Type
Basin
Midcontinent
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.

Northwest Royalty LLC retained RedOaks Energy Advisors as its exclusive adviser for the sale of cash flowing minerals across seven Oklahoma counties in an offering closing Aug. 29.

Highlights

  • 611 Net Royalty Acres
  • Last six-months average cash flow: about $77,000 per month
  • Diversified position across seven counties
    • Kingfisher, Canadian, Dewey, Caddo, Woods, Woodward and Alfalfa counties
  • 30 horizontal producers from 10 units
  • 25 spuds since January 2018

Northwest Royalty is an affiliate of Northwest Oil & Gas Exploration LLC, which has offices in Fort Worth, Texas, and Oklahoma City.

Bids are due by noon CST on Aug. 29. For information visit redoaksenergyadvisors.com or contact David Carter, managing director of RedOaks, at David.Carter@redoaksadvisors.com or 214-420-2334.