Marketed: Conventional California Oil Properties (Santa Maria Valley / REDU)
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.
HVI Cat Canyon Inc. (HVICC) is offering for sale certain conventional oil properties in California located in the Santa Maria Valley (SMV) of Santa Barbara County and the Richfield Field (REDU) of Orange County.
TenOaks Energy Advisors has been retained by HVICC in connection with the potential sale of the properties. The sale will be conducted pursuant to section 363 of the Bankruptcy Code following a voluntary Chapter 11 filing made by HVICC on July 25, 2019.
Bids are due by noon CT May 7. The transaction is expected to have an April 1 effective date.
For information visit tenoaksenergyadvisors.com or contact Lindsay Sherrer at TenOaks Energy Advisors at 214-420-2324 or Lindsay.Sherrer@tenoaksadvisors.com.