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.
Henry Energy LP has retained RedOaks Energy Advisors for the sale of certain non-operated working interest properties in Reeves County, Texas. The package includes a net production of 180 boe/d.
Opportunity highlights:
• Sizable non-operated working interest in the Great Milenko DSU operated by Apache
○ 28.9% WI / 21.7% NRI
○ Total PV10: $10MM
• 5 Hz producing wells (Net production: 180 Boepd)
• Highly economic upside opportunities:
○ 2 WCA drilling locations (~70% IRR)
○ 1 RTP case (RTP PV10: $1MM)
Bids are due Aug. 28 at noon CT. For complete due diligence, please visit redoaksenergyadvisors.com, or email David Carter, partner, at david.carter@redoaksadvisors.com.
Recommended Reading
As US Ethane Production Soars to Record High, Low Prices Expected
2024-10-29 - Tied to natural gas production, which has suffered from weak demand, ethane is also headed for bearish prices, according to an analyst.
Marcellus Waiting to Exhale But Held Back by Regional, Economic Factors
2024-11-06 - After years of exploitation as one of the country’s first unconventional shale plays, the Marcellus still has plenty of natural gas for producers, even if regional and economic factors have kept much of it bottled up.
Behind the Hype: The 'Jaw-dropping' Expectations for AI, Natural Gas
2024-09-05 - Anecdotal evidence suggests "jaw-dropping" energy needs as AI data centers come online, but building up the power supply will be a complicated process for producers and midstream companies.
Hurricane Threatens LNG and Power Demand as Francine Forms in GoM
2024-09-09 - LNG export plants and offshore oil platforms in the Gulf of Mexico are already taking a hit as as Francine strengthens.
Electrification Lights Up Need for Gas, LNG
2024-09-20 - As global power demand rises, much of the world is unable to grasp the need for gas or the connection to LNG, experts said.
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.