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.
Cypress Point Royalties LP and RSM Legacy LP (together “Royalty Clearinghouse”) retained TenOaks Energy Advisors LLC as its exclusive adviser in connection with the sale of a diversified mineral and royalty portfolio.
Highlights:
- Unique opportunity to acquire a diversified royalty portfolio across numerous basins in the Lower 48
- Position spans 18 states, 283 counties and >6,500 wells
- Key basins include Permian Basin, Haynesville, Barnett, Eagle Ford, Marcellus/Utica and Bakken
- Strong, predictable cash flow stream
- April 2021 cash flow: $295,000 ($3.5 million annualized)
- Balanced commodity mix: 56% liquids / 44% gas
- Flat to increasing production over the last 50+ years
- Average of 50 completions per year over the last 5 years
2) Historical cash flow based on accounting month
(Source: TenOaks Energy Advisors LLC)
Bids are due July 8. The transaction is expected to have a July 1 effective date.
A virtual data room is available. For information visit tenoaksenergyadvisors.com or contact Forrest Salge at TenOaks Energy Advisors at 817-233-4096 or Forrest.Salge@tenoaksadvisors.com.
Recommended Reading
EIA Reports Big NatGas Withdrawal, as Expected
2025-02-27 - According to the EIA’s weekly storage report, natural gas levels are 238 Bcf below the five-year average and 561 Bcf below the level from the same time last year.
NatGas Prices Jump on Forecast of Widespread Freeze
2024-12-30 - The National Weather Service predicts a mid-month, lingering cold snap for much of the U.S., prompting natural gas prices to increase by roughly $0.50 per MMBtu.
US NatGas Storage Withdrawal Beats Expectations
2025-03-13 - Natural gas demand comes in slightly higher than usual, despite warming weather, in the Energy Information Administration’s weekly report.
EIA Reports Larger-Than-Expected NatGas Withdrawal, Again
2025-02-20 - The storage drop failed to offset warmer forecasts, as natural gas prices dipped following a three-week rally.
EIA: NatGas Storage Withdrawal Misses Forecasts by 20 Nearly Bcf
2025-01-23 - Natural gas prices fell following the release of the U.S. Energy Information Administration’s weekly storage report showing a near-20 Bcf miss on analysts’ expectations.
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.