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.
IOG Capital LP retained RedOaks Energy Advisors as its exclusive adviser in connection with the sale of its nonoperated working interest properties in the STACK play of Oklahoma.
Highlights:
- 14,504 Net Acres in the STACK play (Major, Dewey, Blaine, Woodward and Custer counties, Okla.)
- 86 Horizontal producers
- Next 12-month projected cash flow: $8.2 million
- Next 12-month projected production: 6.3 MMcfe/d
- Net PDP Reserves: 12.4 Bcfe
- Primary Operator: Comanche Resources Co.
Bids are due on July 13. The transaction is expected to have a May 1 effective date.
A virtual data room is open. 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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