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.
Native Exploration Operating LLC retained TenOaks Energy Advisors for the sale of certain properties in the Scoop, Merge and Stack plays in Oklahoma. The offer is comprised of operated and nonoperated packages located in Canadian, Grady and McClain counties, Okla.
Highlights:
Operated Package
- Drill-ready Stack / Merge footprint (six rigs running in immediate area)
- 8,960 gross (4,172 net) acres in Canadian county (10 units)
- About 100 net boe/d (63% liquids) from one horizontal Meramec well
- More than 100 potential locations in the Woodford and Meramec
Nonoperated Package
- Diversified Merge / Scoop position under high quality operators
- 87,500 gross (6,759 net) acres in Grady, McClain and Canadian counties
- 66 well in progress (41 DUCs and 25 Permits) provide ample immediate development
- 723 net boe/d (63% liquids) from 130 wells
- $506,000 per month in projected net monthly cash flow
- More than 1,700 potential locations
Bids are due by Nov. 14. The virtual data room will be available starting Oct. 11.
For information visit tenoaksenergyadvisors.com or contact Trey Bonvino, TenOaks associate, at 214-420-2331 or Trey.Bonvino@tenoaksadvisors.com.