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.

Henry Resources LLC has retained TenOaks Energy Advisors LLC as its exclusive adviser in connection with the sale of its nonoperated working interest properties in the Permian Basin.

Highlights:

  • High-quality non-operated position under top basin operators Diamondback Energy Inc., Mewbourne Oil Co. and Summit Petroleum LLC
    • Net production: 600 boe/d (76% liquids)
  • NTM PDP cash flow: $6.0 million
  • PDP PV-10: $19 million (75% Midland Basin | 25% Delaware Basin)
  • Sizeable inventory of drilling locations targeting delineated benches
TenOaks Marketed Map - Henry Resources Permian Basin Nonop Divestiture Delaware Basin
TenOaks Marketed Map - Henry Resources Permian Basin Nonop Divestiture Midland Basin
(Source: TenOaks Energy Advisors LLC)

Bids are due at noon CST June 10. The transaction is expected to have a May 1 effective date.

A virtual data room opens May 10. For information visit tenoaksenergyadvisors.com or contact Will McDonald at TenOaks Energy Advisors at 214-727-4996 or Will.McDonald@tenoaksadvisors.com.

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