Marketed: Legacy Reserves Permian Acquisition Opportunity

Transaction Type
Basin
Permian Basin
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.

Legacy Reserves Inc. retained TenOaks Energy Advisors as its exclusive adviser in connection with the sale of certain operated and nonoperated properties located in the Permian Basin. The offering consists of an HBP asset covering 88,000 operated net acres in historic fields with operational control plus both conventional and unconventional existing development producing 3,800 boe/d.

Bids are due Sept. 30. The transaction is expected to have an Oct. 1 effective date.

A virtual data room will be available starting Aug. 27. For information visit tenoaksenergyadvisors.com or contact Trey Bonvino at TenOaks Energy Advisors at 214-420-2331 or Trey.Bonvino@tenoaksadvisors.com.