The following information is provided by TenOaks Energy Advisors LLC. All inquiries on the following listings should be directed to TenOaks. Hart Energy is not a brokerage firm and does not endorse or facilitate any transactions.
Roxo Energy has retained TenOaks Energy Advisors as its exclusive advisor in connection with the sale of certain operated, conventional Permian Basin properties.
Highlights:
- Prolific conventional asset located in the heart of the Midland Basin (Howard County)
- 3,418 net acres (100% HBP) | High lease Net Revenue Interest | Operational control
- PDP PV-10: $36 million | Next 12-month PDP cash flow: $7 million
- Net production: 280 boe/d (>90% oil) | Flat production profile despite minimal capital investment
- Low-cost, high-impact opportunities to immediately enhance production and grow cash flow
Bids are due at noon CST on April 21. The transaction effective date is April 1.
A virtual data room is available. For information visit tenoaksenergyadvisors.com or contact Trey Bonvino at TenOaks Energy Advisors at 817-233-4096 or Trey.Bonvino@tenoaksadvisors.com.
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