Marketed: Delaware Basin Nonoperated Properties In New Mexico
Transaction Type
Sellers
Marketers
Basin
Permian Basin; Delaware Basin
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.
Bursake LLC, McAnso LLC and Hayes L&P LP retained RedOaks Energy Advisors for the sale of Permian Basin assets in southeastern New Mexico with bids due June 6.
The offer comprises nonoperated working interest properties within the Delaware Basin in Lea and Eddy counties, N.M.
Highlights:
- 3,374 Gross (619 Net) Acres
- Next 12-Month net production (Proved Developed Producing + Permits): 278 barrels of oil equivalent per day
- Proven Delaware Basin E&Ps
- Chisholm Energy Holdings LLC, Centennial Resource Development Inc. and Mewbourne Oil Co. Inc.
- Near-term development
- 15 active permits
- 400 remaining drilling locations
Bids are due by noon CST June 6. For information visit redoaksenergyadvisors.com or contact David Carter, managing director of RedOaks, at David.Carter@redoaksadvisors.com or 214-420-2334.