Marketed: Midland Basin Legacy Mineral Position

Transaction Type
Sellers
Marketers
Basin
Permian Basin; Midland 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.

A private seller has retained TenOaks Energy Advisors as its exclusive adviser in connection with the sale of its legacy mineral position in the Midland Basin located in the heart of rapid Midland County development. The offering includes 3,000 net royalty acres, 70% of which is operated by Exxon Mobil / XTO Energy.

Bids are due by noon CST on Oct. 14. The transaction is expected to have an Oct. 1 effective date. Signing of a purchase and sale agreement is targeted by Nov. 4.

A virtual data room is available. For information visit tenoaksenergyadvisors.com or contact Mariana Castaneda at TenOaks Energy Advisors at 972-822-3817 or Mariana.Castaneda@tenoaksadvisors.com.

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