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.
Slant Energy Holdings LLC retained RedOaks Energy Advisors as the exclusive adviser in connection with the sale of certain conventional gas assets in Crockett County, Texas, within the Val Verde Basin.
Highlights:
- Operated gas asset in Crockett County (77% Working Interest | 62% Net Revenue Interest)
- ~14,000 net acres (100% HBP)
- Net production: 2.8 MMcfe/d (60% Gas | 40% NGL)
- Target Formations: Canyon Sands | Strawn
- Next 12-month PDP cash flow: $1.8 million
- PDP PV-10: $9.8 million
- Upside Opportunities: Additional pay zones | refracs
Bids are due June 9. The transaction is expected to have a July 1 effective date.
A virtual data room is open. For information visit redoaksenergyadvisors.com or contact Will McDonald, associate of RedOaks, at Will.McDonald@redoaksadvisors.com or 214-420-2338.
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