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.

Butkin Oil Co. LLC retained RedOaks Energy Advisors as the exclusive adviser in connection with the sale of certain operated conventional properties in Oklahoma.

Highlights:

  • Legacy operated oil assets in southern Oklahoma (Stephens and Carter counties)
  • 100% Working Interest | 77% Net Revenue Interest | 100% HBP
  • Next 12-month PDP cash flow: $2.3 million
  • Net production: 146 bbl/d of Oil (100% Oil)
  • Upside potential:  Behind-pipe development and return to production candidates
RedOaks Energy Advisors Marketed Map - Butkin Oil Operated Oklahoma Divestiture
Oil Producing Assets in the Historic Sho-Vel-Tum Oil Field (Source: RedOaks Energy Advisors)

Bids are due Sept. 21. The transaction is expected to have a Sept. 1 effective date.

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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