Marketed: Operated Permian Basin, Eagle Ford Opportunity

Transaction Type
Marketers
Basin
Permian Basin; Eagle Ford Shale / Austin Chalk
Announce Date
Post Date
Close Date
Room Opening Date
Estimated Price
MM
Description

The following information is provided by EnergyNet. All inquiries on the following listings should be directed to EnergyNet. Hart Energy is not a brokerage firm and does not endorse or facilitate any transactions.

Strand Energy LC retained EnergyNet Indigo as exclusive adviser to assist with the sale of certain oil and gas properties and related assets located in the Permian Basin and Eagle Ford through a sealed-bid offering.

The offering provides an attractive opportunity to acquire operated positions within the Permian Basin and Eagle Ford / Austin Chalk trend, according to EnergyNet Indigo, with high degree of control as asset is 100% operated plus stable, low next 12-month production decline averaging roughly 5.6%.

Bids are due by 4 p.m. CDT Oct. 19. The effective date of sale is Nov. 1.

For complete due diligence information visit indigo.energynet.com or email Cody Felton, vice president of business development, at Cody.Felton@energynet.com, or Denna Arias, vice president of corporate development, at Denna.Arias@energynet.com.