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.
Legacy Reserves Inc. retained TenOaks Energy Advisors as its exclusive adviser in connection with the sale of certain operated and nonoperated properties located in the Permian Basin.
Highlights
- Predictable production base in the resource-rich Permian Basin
- 3,800 boe/d
- Conventional and unconventional existing development
- PDP PV-15: $34 million
- HBP asset in historic fields with operational control
- 88,000 operated net acres
- Multiple upside opportunities (operational, RTP, infill drilling, LOE reductions) on historically undercapitalized Properties
- Experienced field staff available to Buyer
Note: Spraberry Field denomination encompasses multiple counties in the Midland Basin
Bids are due Sept. 30. The transaction is expected to have an Oct. 1 effective date.
A virtual data room will be available starting Aug. 27. For information visit tenoaksenergyadvisors.com or contact Trey Bonvino at TenOaks Energy Advisors at 214-420-2331 or Trey.Bonvino@tenoaksadvisors.com.
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