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 has retained RedOaks Energy Advisors as the exclusive adviser in connection with the sale of certain operated and nonoperated properties located in the Permian Basin. The offering includes working and overriding royalty interest (ORRI).
Highlights:
- 6,482 net acres (96% HBP)
- Position focused primarily in Andrews, Pecos and Ector counties, Texas
- Projected March 2022 net production: 272 bbl/d of Oil | 523 Mcf/d of Gas
- Projected next 12-month PDP net cash flow: $5.5 million
- Total PDP PV-10: $23.7 million (95% Operated)
- 11 quantified behind pipe projects (PV-10 $9.7 million)
Bids are due Feb. 22. The transaction is expected to have a March 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
Kimmeridge’s Dell: Every US Basin Contains Both High-quality Inventory, Risk
2024-10-05 - Inventory management is a problem for the E&P space, no matter the basin, said Kimmeridge Energy Management's Ben Dell at Hart Energy's Energy Capital Conference in Dallas.
US Drillers Cut Oil, Gas Rigs for Third Week in a Row
2024-10-04 - The oil and gas rig count fell by two to 585 in the week to Oct. 4.
With Montney Production Set to Grow, US E&Ps Seize Opportunities
2024-10-02 - Canada’s Montney Shale play has already attracted U.S. companies Ovintiv, Murphy and ConocoPhillips while others, including private equity firms, continue to weigh their options.
Darbonne: The Geologic, the Man-made and the Political of Uinta Basin Outcrops
2024-10-01 - The oily western Uinta features layers of sedimentary deposits on view for visitors, mostly uninterrupted by man-made features but having an unseen pall of federal interference.
APA, TotalEnergies Aim for 'New Dawn' in Suriname with Massive GranMorgu Project
2024-10-01 - APA Corp. and TotalEnergies announced a $10.5 billion final investment decision for the GranMorgu project located offshore Suriname in Block 58. First production to come from a 220,000 bbl/d FPSO is slated to flow in 2028.
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.