The following information is provided by TenOaks Energy Advisors LLC. All inquiries on the following listings should be directed to TenOaks. Hart Energy is not a brokerage firm and does not endorse or facilitate any transactions.
Fairway Resources LLC retained TenOaks Energy Advisors LLC in connection with the sale of certain Midcontinent operated and nonoperated properties in Oklahoma.
Highlights:
- Significant production and leasehold anchored in the Northwest STACK and Western Anadarko Basin
- 5,037 boe/d of net production (33% liquids)
- Assets generate significant cash flow | FTM PDP Operating Cash Flow >$24 million
- Majority operational control with >130,000 acres (98% HBP)
- Upside features delineated, highly economic drilling locations targeting the Upper Osage
Bids are due by noon CST June 4. The transaction is expected to have a June 1 effective date.
A virtual data room is available. For information visit tenoaksenergyadvisors.com or contact Jason Webb at TenOaks Energy Advisors at 214-420-2322 or Jason.Webb@tenoaksadvisors.com.
Recommended Reading
From Days to Minutes: AI’s Potential to Transform Energy Sector
2024-11-22 - Despite concerns many might have, AI looks to be the next great tool for the energy industry, experts say.
Fugro’s Remote Capabilities Usher In New Age of Efficiency, Safety
2024-11-19 - Fugro’s remote operations center allows operators to accomplish the same tasks they’ve done on vessels while being on land.
Range Resources Counters M&A Peer Pressure with Drilling Efficiencies
2024-11-14 - Range Resources doesn’t feel the need to give into M&A peer pressure as it focuses on the efficient development of its current asset base, President and CEO Dennis Degner tells Hart Energy.
EnerMech Secures Contract with Major North Sea Operator
2024-11-13 - EnerMech will monitor the condition of the U.K. assets in accordance with safety and operational standards.
2024 E&P Meritorious Engineering Awards for Innovation
2024-11-12 - Hart Energy’s MEA program highlights new products and technologies demonstrating innovations in concept, design and application.
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.