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.
Sabine Oil & Gas LLC retained RedOaks Energy Advisors as the exclusive adviser in connection with the sale of certain East Texas properties.
Highlights:
- 37,649 gross / 31,430 net acres (98% HBP)
- Cherokee, Leon, Harrison and Marion counties
- PDP PV-10: $9.6 million
- Net production: 6,221 Mcfe/d (83% gas)
- 2021 PDP cash flow (projected): $2 million
- Significant upside potential
- 40 quantified recompletion opportunities (PDNP PV-10: $9.6 million)
- 29 quantified horizontal Cotton Valley PUDs
- Formation targets including: Cotton Valley, Rodessa, Pettit, Travis Peak
- Operational efficiencies and third party revenues from company owned gathering system (126 miles)
![Marketed: Sabine Oil & Gas East Texas Operated Asset](/sites/default/files/inline-images/Screen%20Shot%202021-01-29%20at%2012.13.06%20PM.png)
Bids are due March 3. For information visit redoaksenergyadvisors.com or contact Will McDonald, associate of RedOaks, at Will.McDonald@redoaksadvisors.com or 214-420-2338.
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