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.
Warren American Oil Co. retained TenOaks Energy Advisors as its exclusive adviser in connection with the sale of its operated and nonoperated producing properties in multiple states.
The conventional asset package features oil-weighted, operated properties with attractive upside in the Permian Basin, Midcontinent and Illinois Basin regions, according to TenOaks.
- Permian Basin assets anchored by low-decline Yoakum County waterflood with $29.6 million proved developed producing (PDP) PV-10 value
- Midcontinent assets feature operated Osage County position with $13.9 million PDP PV-10 value
- Illinois Basin assets offer conventional oil production from shallow, stacked pay zones with $3.8 million PDP PV-10 value
This divestiture represents a complete operational exit for the Company. Offers for individual packages will be accepted.
Bids are due April 11. For information visit tenoaksenergyadvisors.com or contact Jason B. Webb, TenOaks partner, at 214-420-2322 or Jason.Webb@tenoaksadvisors.com.
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