Marketed: Founders Operated Permian Central Basin Platform Assets

Transaction Type
Sellers
Marketers
Basin
Permian Basin; Central Basin Platform
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.

Founders Oil and Gas has retained TenOaks Energy Advisors as its exclusive adviser in the sale of its operated Central Basin Platform assets in Ector and Crane counties in West Texas. The opportunity includes high ownership interests across a focused 8,352 net acre position with net PDP production of 2,000 boe/d (81% oil).

Bids are due early August.The transaction effective date is Sept. 1. A virtual data room is available. For information visit tenoaksenergyadvisors.com or contact Jason B. Webb at TenOaks Energy Advisors at 918-812-3303 or Jason.Webb@tenoaksadvisors.com.

Related Content