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.
1849 Energy Partners LLC retained TenOaks Energy Advisors as its exclusive adviser in connection with the sale of its upstream and midstream Barnett Shale assets.
Highlights:
- Vertically integrated, operated footprint in the Barnett Shale
- Enhanced operating margins from company-owned midstream infrastructure
- PDP PV-10: $37 million | Next 12-month PDP cash flow: $9 million
- Low-decline production base
- Net production: 12,200 Mcfe/d (75% Gas)
- Inventory of 115 low-cost, high-impact development opportunities
- Re-entry drilling, refracs, recompletions and production optimization projects
Bids are due at noon CST on Aug. 4. The transaction is expected to have an Aug. 1 effective date.
A virtual data room is available. For information visit tenoaksenergyadvisors.com or contact Jason Webb at TenOaks Energy Advisors at 214-420-2322 or Jason.Webb@tenoaksadvisors.com.
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