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.
Mammoth Exploration LLC retained RedOaks Energy Advisors as the exclusive adviser in connection with the sale of certain Permian Basin properties.
Highlights:
- Opportunity to acquire a large, conventional footprint across several Permian Basin fields
- Value concentrated in Andrews and Crane counties, Texas, and New Mexico’s Lea County
- PDP PV-10: $10.6 million
- Net production: 132 bbl/d of Oil | 866 Mcf/d
- NTM PDP net cash flow: $2.6 million
- Significant upside potential
- Eight quantified behind-pipe opportunities (PV-10: $10.1 million)
- Additional unquantified low-risk projects including additional recompletions and restim work
Bids are due Aug. 26. The transaction is expected to have an Aug. 1 effective date.
A virtual data room is available. For information visit redoaksenergyadvisors.com or contact Will McDonald, associate of RedOaks, at Will.McDonald@redoaksadvisors.com or 214-727-4996.
Recommended Reading
Ørsted, PGE Greenlight Baltica 2 Wind Project Offshore Poland
2025-01-29 - Ørsted said Baltica 2 is expected to be fully commissioned in 2027.
Powerhouse: Enbridge Boosting Renewables, NatGas to Meet Surging Demand
2024-12-18 - As the need for clean and lower-carbon power grows, Enbridge is among the companies taking an all-of-the-above approach.
Energy Transition in Motion (Week of Jan. 17, 2025)
2025-01-17 - Here is a look at some of this week’s renewable energy news, including more than $8 billion more in loans closed by the Department of Energy’s Loan Programs Office.
Energy Transition in Motion (Week of Dec. 6, 2024)
2024-12-06 - Here is a look at some of this week’s renewable energy news, including a record-setting quarter for solar module capacity in the U.S.
Energy Transition in Motion (Week of Nov. 22, 2024)
2024-11-22 - Here is a look at some of this week’s renewable energy news, including the ranking of top corporate solar users in the U.S.
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.