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.
Blue Flame Minerals LLC retained RedOaks Energy Advisors LLC for the sale of its Bakken/Three Forks minerals position located in North Dakota.
Highlights:
- 1,055 Net Royalty Acres
- Counties: Williams, McKenzie, Mountrail and Dunn
- 226 horizontal producing wells
- Significant near-term development:
- 40 drilled but uncompleted wells
- 31 Permits
- 36 spuds on position since January 2019
- Projected next 24-month cash flow: $3.7 million
![Blue Flame Minerals Bakken/Three Forks Position Asset Map (Source: RedOaks Energy Advisors LLC)](/sites/default/files/inline-images/Blue%20Flame%20Minerals%20Bakken%20Three%20Forks%20Position%20Asset%20Map%20Source%20RedOaks%20Energy%20Advisors%20LLC.png)
Bids are due by Oct. 31. For information visit redoaksenergyadvisors.com or contact David Carter, managing director of RedOaks, at David.Carter@redoaksadvisors.com or 214-420-2334.
Recommended Reading
Bipartisan Bill Aims to Speed Up Permitting Bureaucracy
2024-07-23 - If passed, the new rules would tackle litigation delays for energy projects across all sectors, an analyst says.
EQT Marketing Rest of Marcellus Non-op Assets After Equitrans Close
2024-07-23 - EQT Corp. is marketing the remaining 60% interest in its non-operated Northern Marcellus assets as the Appalachia gas giant works to reduce debt following its $5.45 billion acquisition of Equitrans Midstream.
Freeport LNG’s Slow Restart Stokes Concern Over Supply Risk
2024-07-23 - The 15-mtpa Freeport LNG facility remains under the spotlight of the global market as it slowly resumes operations after pausing ahead of Hurricane Beryl’s arrival along the U.S. Gulf Coast.
Air Liquide Closes African Divestitures to Adenia Partners
2024-07-23 - Air Liquide’s transaction with Adenia Partners represents total annual sales of approximately 60 million euros (US$65.12 million), less than 10% of Air Liquide’s sales in Africa.
Pitts: Oh, What a Tangled Web the Supermajors Weave
2024-07-23 - Exxon and Chevron and Guyana and Venezuela—‘Let’s Make A Deal’ meets ‘Love, South American Style.’