Marketed: Texas Panhandle Conventional Drilling Project
Transaction Type
Sellers
Marketers
Basin
Midcontinent; Texas Panhandle
Field
Panhandle Field
Announce Date
Post Date
Close Date
Estimated Price
MM
Description
The following information is provided by Energy Advisors Group Inc. (EAG), formerly PLS Divestment Services. All inquiries on the following listings should be directed to EAG. Hart Energy is not a brokerage firm and does not endorse or facilitate any transactions.
MAC 5 Operating LLC retained Energy Advisors Group Inc. (EAG) to assist in sourcing a development partner to participate in the conventional development of the Shallow Red Cave Oil Project located in the Panhandle Field of Moore County, Texas.
Highlights:
- Texas Panhandle Drilling Project
- Conventional Shallow Red Cave Oil
- Low Entry-Cost Proven Oil Play
- Seeking Development Partner
- To Drill 12-Well Commitment
- Nonoperated Working Interest. Operations Negotiable.
- Project Payout In Less Than 2.5 Years
- Single Well Reserves: 23,000-33,000 barrels of oil equivalent
- Motivated and Flexible Seller
- Call For Prospect Showing
Click here to view the online data room or visit energyadvisors.com/deals to view our other 30-plus assignments.
For more information, contact Richard Martin, director with EAG, at rmartin@energyadvisors.com, at 214-774-2150.