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.
BlackBriar Royalty LP retained TenOaks Energy Advisors as its exclusive adviser in connection with the sale of mineral and overriding royalty interest properties located in the Austin Chalk and Eagle Ford Shale.
Asset Highlights
- ~50,000 gross acres / ~15,800 net royalty acres across Milam, Robertson and Burleson counties, Texas
- Next 12-month PDP Cash Flow: $10 million
- High Average Royalty Interest: 4.5% per unit
- PDP PV-10: $30 million | PUD PV20: $32 million
- 77 Horizontal PDPs
- 18 Horizontal completions in 2021 targeting the Austin Chalk and Eagle Ford formations
Bids are due at noon CST on June 9. The transaction effective date is June 1.
A virtual data room is available. For information visit tenoaksenergyadvisors.com or contact Lindsay Sherrer at TenOaks Energy Advisors at 214-620-4421 or Lindsay.Sherrer@tenoaksadvisors.com.
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