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.
Vermilion Cliffs Partners retained RedOaks Energy Advisors LLC as the exclusive adviser in connection with the sale of certain oil and gas properties located within the Midland Basin in Howard and Glasscock counties, Texas.
Highlights:
- 4,200 net acres | 100% HBP
- Net production: 601 boe/d (85% liquids)
- Next 12-month PDP cash flow: $3.0 million
- Significant midstream infrastructure in place
- Oil gathering pipeline: 26 miles
- Gas gathering pipeline: 20 miles
- Produced water pipeline: 24 miles
Bids are due Sept. 20. The transaction is expected to have a Sept. 1 effective date.
A virtual data room is available. 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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