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.
Eagle Oil & Gas Co. retained RedOaks Energy Advisors LLC as the exclusive adviser in connection with the sale of certain East Texas properties.
Highlights:
- ~13,000 net acres (Henderson and Anderson counties, Texas)
- PDP PV-10: $10.3 million
- Net production: 422 boe/d (40% liquids)
- Primary formation: Rodessa
- Next 12 Months PDP cash flow (projected): $3.0 million (73% liquids)
- Low lifting costs: $9/boe
- Company-owned infrastructure supports economic field development
Bids are due June 3. The transaction is expected to have a May 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 214-420-2338.
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