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.
Wagner Oil Co. retained RedOaks Energy Advisors LLC as the exclusive adviser in connection with the sale of certain East Texas and Midcontinent properties.
Highlights:
Package #1 – East Texas
- Conventional, operated oil fields
- Van Field | Percy Wheeler Field
- Net production: 207 boe/d (60% liquids)
- PDP PV-10: $8.0 million
- NTM Cash Flow: $1.1 million
Package #2 – Midcontinent
- Primarily nonoperated position in North Texas and Oklahoma
- Net production: 340 boe/d (18% liquids)
- PDP PV-10: $3.8 million
- NTM cash flow: $0.7 million
![Marketed: Wagner Oil East Texas, Midcontinent Properties](/sites/default/files/inline-images/Screen%20Shot%202020-08-19%20at%203.19.24%20PM.png)
Bids are due Sept. 17. 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.
Recommended Reading
Marketed: Berlin Resources’ Anadarko Basin Opportunity
2024-07-22 - Berlin Resources has retained EnergyNet for the sale of an Anadarko Basin opportunity in the Montgomery 18/19 BO #1H, located in Ellis County, Oklahoma.
Marketed: Anschutz Exploration Powder River Basin Opportunity
2024-06-20 - Anschutz Exploration Corp. has retained EnergyNet for the sale of a Powder River Basin in the Castle 3568-1324-1TH of Converse County, Wyoming.
Marketed: Anschutz Three-well Opportunity in Powder River Basin
2024-06-25 - Anschutz Exploration Corp. has retained EnergyNet for the sale of three wells in the Powder River Basin.
Energy Producer Maverick's Owner Explores Sale Valuing It at $3B, Sources Say
2024-08-14 - Owned by energy-focused investment firm EIG, Maverick Natural Resources is working with investment bankers at Jefferies on the sale process.
Marketed: Gungnir Resources 30 Permitted Wells in Wyoming
2024-07-30 - Gungnir Resources has retained EnergyNet for the sale of a non-producing interests plus 30 producing wells in Laramie and Platte counties, Wyoming.