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.
Jetstream Royalty Partners retained TenOaks Energy Advisors as its exclusive adviser in connection with the sale of its Delaware Basin royalty properties. the sale of its Delaware Basin royalty properties. The offering includes net royalty acreage in New Mexico’s Lea and Eddy counties and Reeves, Pecos and Ward counties, Texas. The position is operated by the strongest E&Ps in the Delaware Basin, according to TenOaks, and includes ConocoPhillips, Diamondback Energy and Mewbourne Oil.
Bids are due by noon CST on Nov. 11. The transaction is expected to have an effective date of Dec. 1 with a purchase and sale agreement signing targeted by Dec. 8.