Marketed: Three Summits Operating, Scurry County, Texas, Operated Properties

Transaction Type
Sellers
Marketers
Basin
Permian Basin
Announce Date
Post Date
Close Date
Room Opening Date
Estimated Price
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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.

Three Summits Operating LLC retained RedOaks Energy Advisors as the exclusive adviser in connection with the sale of certain operated properties in Scurry County, Texas. The opportunity includes a contiguous asset base covering 3,573 net acres with net production of 63 boe/d (93% liquids and a $3.4 million PDP PV-10 plus a large inventory of low-risk, low-cost recompletion opportunities, according to RedOaks.

Bids are due Oct. 27. The transaction is expected to have an effective date of Oct. 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 214-727-4996.

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