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
RedOaks Energy Advisors Marketed Map - Mammoth Exploration Conventional Permian Basin Footprint

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.

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