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.
Three Summits Operating LLC retained RedOaks Energy Advisors as the exclusive adviser in connection with the sale of certain operated properties in Scurry County, Texas.
Highlights:
- Opportunity to acquire a contiguous asset base (3,573 net acres) in Scurry County, Texas
- Net production: 63 boe/d (93% liquids)
- PDP PV-10: $3.4 million
- Large inventory of low-risk, low-cost recompletion opportunities
- Additional horizontal and vertical prospects identified by proprietary 3D seismic (114 sq miles)
- Formation targets: Wolfcamp, Canyon, Strawn, Caddo, Mississippian and Ellenberger
Bids are due Oct. 27. The transaction is expected to have an effective date of Oct. 1.
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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