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.
TenOaks Energy Advisors has been retained by Winright Resources in connection with the sale of certain properties located in the Western Anadarko Basin.
Highlights:
- ~13,100 net acres (100% HBP) in the Texas Panhandle
- Sizable production base: 7,341 net Mcfe/d (70% gas)
- PDP PV-10 / NTM OCF: $45.2 million / $10.5 million
- Active farm-out agreement with top-tier operator; two recent completions and two wells scheduled for 2022
- Undeveloped potential includes:
- Horizontal Cleveland / Granite Wash development
- Vertical Morrow / Granite Wash development
- Recompletions / re-fracs across the position
Bids are due at noon CST on April 27. A virtual data room is available.
The transaction will have an effective date of April 1. A purchase and sale agreement signing is targeted by May 20.
For information visit tenoaksenergyadvisors.com or contact Jason Webb at TenOaks Energy Advisors at 214-420-2322 or Jason.Webb@tenoaksadvisors.com.
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