Marketed: Permian Basin Mineral Package, Reeves County, Texas

Transaction Type
Sellers
Marketers
Basin
Permian Basin; Delaware Basin
Announce Date
Post Date
Close Date
Room Opening Date
Estimated Price
MM
Description

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

A private seller has retained RedOaks Energy Advisors as its exclusive adviser in connection with the sale of its Delaware Basin royalty properties in the Permian. The offering is comprised of 1,024 net royalty acres with existing cash flow from five horizontal PDPs. Projected next 12-month cash flow is $2.6 million.

Bids are due July 8. The sale is expected to have an effective date of July 1.

A virtual data room is available. For information visit redoaksenergyadvisors.com or contact Will McDonald, associate of RedOaks, at Will.McDonald@redoaksadvisors.com or 214-420-2338.

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