Marketed: Flatonia, Earthstone Energy Operated Eagle Ford Properties

Transaction Type
Sellers
Marketers
Basin
Eagle Ford Shale
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.

TenOaks Energy Advisors has been retained by Flatonia Energy LLC and Earthstone Energy Inc. in connection with the sale of certain operated properties located in the Eagle Ford Shale. The offering includes a focused, operated footprint of about 17,000 unit acres (96% HBP) in Gonzales and Fayette counties, Texas, and net production of 1,100 boe/d across 81 horizontal wells. The next 12-month PDP cash flow is projected at $16 million.

Bids are due at noon CST on March 23. The transaction is expected to have an effective date of April 1 with a purchase and sale agreement signing targeted in April. A virtual data room is available. For information visit tenoaksenergyadvisors.com or contact Trey Bonvino at TenOaks Energy Advisors at 817-233-4096 or Trey.Bonvino@tenoaksadvisors.com.

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