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.
Harvest Oil & Gas Corp. retained TenOaks Energy Advisors as its adviser in connection with the sale of certain operated, conventional oil and gas properties in the Permian Basin on the Central Basin Platform in Lea County, N.M.
Highlights:
- 11,953 gross (11,253 net) acres (100% HBP)
- Recent net production: 750 boe/d (62% oil/NGL)
- Production primarily from the Queen, Yates and Seven Rivers (2,600 ft – 3,500 ft)
- PDP PV-10 value: $20.1 million
- Historically undercapitalized asset with behind-pipe potential targeting bypassed productive zones and infill drilling opportunities
Bids are due Oct. 30. Contact Mariana Castaneda with TenOaks at mariana.castaneda@tenoaksadvisors.com for a copy of the confidentiality agreement. For additional information visit tenoaksenergyadivsors.com or contact B.J. Brandenberger, partner with TenOaks, at bj.brandenberger@tenoaksadvisors.com or 214-420-2323.
Recommended Reading
Q&A: Pearl Energy Investments Rides the Downturns for 250% ROI
2025-02-25 - Billy Quinn, founder and managing director of Pearl Energy Investments, leads a team that thrives amid the oil and gas investment cycles.
Q&A: Petrie Partners Co-Founder Offers the Private Equity Perspective
2025-02-19 - Applying veteran wisdom to the oil and gas finance landscape, trends for 2025 begin to emerge.
More Players, More Dry Powder—So Where are the Deals?
2025-03-24 - Bankers are back and ready to invest in the oil and gas space, but assets for sale remain few and far between, lenders say.
Oil, Gas and M&A: Banks ‘Hungry’ to Put Capital to Work
2025-01-29 - U.S. energy bankers see capital, generalist investors and even an appetite for IPOs returning to the upstream space.
Haslam Family Office: ‘We Need Hydrocarbons’
2025-01-29 - The managing director of HF Capital—the office for Tennessee's Haslam family—says that as long as oil, gas and other energy sources are lacking capital, there’s an investment opportunity.