The following information is provided by RedOaks Energy Advisors. All inquiries on the following listings should be directed to RedOaks Energy Advisors. Hart Energy is not a brokerage firm and does not endorse or facilitate any transactions.
A confidential seller retained RedOaks Energy Advisors for the sale of certain mineral and royalty interests in Louisiana. The package includes a 2024 projected net cash flow of $2.8 million.
Opportunity highlights:
• 2,320 net royalty acres located across core areas of the Haynesville Shale
○ Total PV-10: ~$50 MM
• Significant line-of-sight development with years of de-risked inventory remaining
○ 9 DUCs | 38 permits / pre-permits | >300 remaining upside locations
• Leading Haynesville operators driving development: Southwestern, Chesapeake, Aethon
Bids are due Feb. 20 at noon CST. For complete due diligence, please visit redoaksenergyadvisors.com or email David Carter, partner, at david.carter@redoaksadvisors.com or Will McDonald, vice president, at will.mcdonald@redoaksadvisors.com.
Recommended Reading
Nabors, ProPetro Plan to Deliver High Voltage to Drillers
2024-12-10 - Nabors Industries, in partnership with e2Companies, and, separately, ProPetro Holding Corp., both launched oilfield electrification solutions on Dec. 10.
E&Ps Pivot from the Pricey Permian
2025-02-01 - SM Energy, Ovintiv and Devon Energy were rumored to be hunting for Permian M&A—but they ultimately inked deals in cheaper basins. Experts say it’s a trend to watch as producers shrug off high Permian prices for runway in the Williston, Eagle Ford, the Uinta and the Montney.
E&P Highlights: Dec. 16, 2024
2024-12-16 - Here’s a roundup of the latest E&P headlines, including a pair of contracts awarded offshore Brazil, development progress in the Tishomingo Field in Oklahoma and a partnership that will deploy advanced electric simul-frac fleets across the Permian Basin.
EY: Three Themes That Will Drive Transformational M&A in 2025
2024-12-19 - Prices, consolidation and financial firepower will push deals forward, says EY.
Classic Rock, New Wells: Permian Conventional Zones Gain Momentum
2024-12-02 - Spurned or simply ignored by the big publics, the Permian Basin’s conventional zones—the Central Basin Platform, Northwest Shelf and Eastern Shelf—remain playgrounds for independent producers.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.