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.
Macondo Fund IV Ltd. retained RedOaks Energy Advisors as the exclusive adviser in connection with the sale of certain mineral properties located in multiple basins.
Key Considerations:
- 1,160 NRA across four major basins (Midland, Delaware, D-J, Powder River)
- The seller will consider offers by basin
- 126 producing horizontal wells (PDP PV-10: $7.9 million)
- Three DUCs | Three Permits | 585 quantified upside locations
- Primary Operators: EOG Resources, SM Energy, Laredo Petroleum, Civitas Resources
- Next 12-month Cash Flow: $3.8 million
Bids are due May 19. The transaction effective date is May 1.
For information visit redoaksenergyadvisors.com or contact Will McDonald, associate of RedOaks, at Will.McDonald@redoaksadvisors.com or 214-727-4996.
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