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.

Mercury Operating LLC has retained RedOaks Energy Advisors as the exclusive adviser in connection with the sale of certain conventional operated properties located in the Permian Basin.

Key Considerations:

  • Low-decline contiguous position in Block 31, Crane County
  • 58 vertical producing wells
  • Projected March 2022 net production: 155 bbl/d of oil | 615 Mcf/d of gas
  • Projected next 12-month PDP net cash flow: $3.7 million
  • PDP PV-10: $11.2 million
  • Uphole recomplete and RTP opportunities across the position
RedOaks Energy Advisors Marketed Map - Conventional Permian Basin Divestiture Crane County Texas
(Source: RedOaks Energy Advisors)

Bids are due April 26. A virtual data room is available. The transaction effective date is April 1.

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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