Marketed: White Oak Energy, Prolific Magnet Withers Field, South Texas

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South Texas
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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.

TenOaks Energy Advisors has been retained by White Oak Energy in connection with the sale of its Magnet Withers Field in Wharton County, Texas. The offering comprises operational control in a prolific South Texas oil field with net production of about 627 bbl/d of oil and a next 12-month PDP cash flow of $11 million.

Bids are due at noon CST on April 20. A virtual data room will be available starting March 10. For information visit tenoaksenergyadvisors.com or contact Trey Bonvino at TenOaks Energy Advisors at 817-233-4096 or Trey.Bonvino@tenoaksadvisors.com.