The following information is provided by RedOaks Energy Advisors. All inquiries on the following listings should be directed to RedOaks Energy Advisors. Hart Energy is not a brokerage firm and does not endorse or facilitate any transactions.
Providence Energy Partners II LP and Providence Energy Partners III LP has retained RedOaks Energy Advisors for the sale of a certain non-operated WI in the Delaware Basin. The package includes 42 horizontal producing wells.
![redoaks energy](/sites/default/files/inline-images/redoaks%20energy%20.jpg)
Opportunity Highlights:
• Non-operated WI in the heart of Reeves County, TX
• 2,761 gross / 290 net acres across the Sentinel and Racetrack units
• 42 horizontal producing wells
○ PDP PV-10: $36 MM
○ NTM PDP FCF: $13 MM
• 7 DUCs in the Racetrack unit with two VTX rigs offset position
• 42 locations modeled across the position
○ Location net reserves: >3 MMboe
• Proven Permian Basin operators: Coterra and VTX
Bids are due Dec. 6 at noon CST. For complete due diligence, please visit redoaksenergyadvisors.com or email David Carter, partner, at david.carter@redoaksadvisors.com or Will McDonald, vice president, at will.mcdonald@redoaksadvisors.com .
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