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
Constellation Energy’s Boston LNG Import Terminal Remains Open
2024-06-24 - FERC warned last year that plans to shut Constellation’s Everett LNG terminal could threaten the Northeastern power grid.
FERC Approves Venture Global’s Calcasieu Pass 2 LNG Project
2024-06-27 - Venture Global’s Calcasieu Pass 2 was delayed due to changes at the overall site and within U.S. environmental law. The project remains subject to the LNG export pause initiated by the Biden administration.
Glenfarne: HOAs Commit More than Half of Texas LNG Plant Capacity
2024-07-02 - Glenfarne Energy Transition said a new, nonbinding agreement has committed half of the Texas LNG Brownsville plant's 4 million tons/year capacity.
Woodside to Emerge as Global LNG Powerhouse After Tellurian Deal
2024-07-24 - Woodside Energy's acquisition of Tellurian Inc., which struggled to push forward Driftwood LNG, could propel the company into a global liquefaction powerhouse and the sixth biggest public player in the world.
DC Appeals Court Sends Louisiana LNG Permit Decision Back to FERC
2024-07-17 - The Washington D.C. Court of Appeals' decision follows a railroad dispute headed to the Supreme Court this fall.