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.
Bayou Oak Production LLC has retained TenOaks Energy Advisors as its exclusive adviser in connection with the sale of a nonoperated position spanning the core of the Haynesville in Louisiana’s De Soto, Caddo, Red River and Bossier parishes.
Highlights:
- Premier nonop position featuring 8 core Haynesville units (100% HBP)
- Partnered with reputable, best-in-class Haynesville operators Comstock Resources and Chesapeake Energy (Vine Energy)
- October 2021 Projected Net Production: 18.8 MMcf/d
- Near-term cash flow growth from 5 DUCs on position and four additional scheduled wells
- Next 12-month PDP+DUC Operating Cash Flow >$21.0 million
- 24 quantified locations targeting the Haynesville and Bossier formations with robust IRRs
![TenOaks Energy Advisors Marketed Map - Bayou Oak Nonop Haynesville Position](/sites/default/files/inline-images/TenOaks%20Energy%20Advisors%20Marketed%20Map%20-%20Bayou%20Oak%20Nonop%20Haynesville%20Position.png)
Bids are due at noon CST on Oct. 20. The transaction is expected to have an Oct. 1 effective date. Signing of a purchase and sale agreement is targeted by Nov. 10.
A virtual data room is available. For information visit tenoaksenergyadvisors.com or contact Mariana Castaneda at TenOaks Energy Advisors at 972-822-3817 or Mariana.Castaneda@tenoaksadvisors.com.
Recommended Reading
From South Texas to the World: International E&Ps Drill Deep in the Eagle Ford
2024-06-20 - While U.S. E&Ps squabble for pieces of the Permian Basin, international energy giants are all-in on the Eagle Ford Shale in South Texas.
Found in Mitchell County, Permian Basin: 2.5-mile Wolfcamp Stepouts
2024-06-06 - Bayswater Exploration & Production has taken its Midland Basin oil play far east into Mitchell County where a high carbonate content “gives us a chance to really compete with the big guys.”
Permian To Drive Two-thirds of US Oil Output Growth Through '25 – EIA
2024-06-12 - The Permian Basin will drive U.S. oil production growth for the foreseeable future, according to the U.S. Energy Information Administration. But Permian associated gas growth continues to pressure the natural gas industry.
Enverus Inventory Rankings: Pinpointing Shale’s Best Remaining Runway
2024-07-11 - The Montney Shale steals the spotlight in Enverus’ play rankings, while the Eagle Ford draws plaudits for its resilience.
Gas Producers Increasingly Dominating in New Shale Top Operators List
2024-06-26 - As more private oil producers are gobbled up by giant publics, the gas players are moving up the ranks of the top operators, according to a compiled list by Enverus in an exclusive partnership with Oil and Gas Investor.