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.
RCR Investments LLC retained RedOaks Energy Advisors as the exclusive adviser in connection with the sale of certain overriding royalty interest (ORRI) properties located in the Eagle Ford Shale.
Highlights:
- 6,655 net royalty acres (normalized to 1/8th royalty)
- 35 DSUs located in Lavaca and DeWitt counties (average net revenue interest: 2.6%)
- PDP PV-10: $9.0 million
- Next 12-month Cash Flow (PDP Only): $3.3 million
- Location PV-20: $37.7 million (156 remaining Eagle Ford locations)
- Operators: Marathon Oil, Ranger Oil and Rocky Creek Resources
Bids are due April 20. 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.
Recommended Reading
Occidental to Up Drilling in Permian Secondary Benches in ‘25
2025-02-20 - Occidental Petroleum is exploring upside in the Permian’s secondary benches, including deeper Delaware Wolfcamp zones and the Barnett Shale in the Midland Basin.
Exxon Sits on Undeveloped Haynesville Assets as Peers Jockey for Inventory
2025-04-09 - Exxon Mobil still quietly holds hundreds of locations in the Haynesville Shale, where buyer interest is strong and inventory is scarce.
Early Innings: Uinta’s Oily Stacked Pay Exploration Only Just Starting
2025-03-04 - Operators are testing horizontal wells in less developed Uinta Basin zones, including the Douglas Creek, Castle Peak, Wasatch and deeper benches.
Antero Stock Up 90% YoY as NatGas, NGL Markets Improve
2025-02-14 - As the outlook for U.S. natural gas improves, investors are hot on gas-weighted stocks—in particular, Appalachia’s Antero Resources.
Oklahoma E&P Canvas Energy Explores Midcon Sale, Sources Say
2025-04-04 - Canvas Energy, formerly Chaparral Energy, holds 223,000 net acres in the Anadarko Basin, where M&A has been gathering momentum.
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.