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.
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