Harvest Oil & Gas Corp.

Transaction Type
Sellers
Marketers
Basin
Permian Basin; Central Basin Platform
Post Date
Close Date
Room Opening Date
Estimated Price
0MM
Description

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.

Harvest Oil & Gas Corp. retained TenOaks Energy Advisors as its adviser in connection with the sale of certain operated, conventional oil and gas properties in the Permian Basin on the Central Basin Platform in Lea County, N.M.

Highlights:

  • 11,953 gross (11,253 net) acres (100% HBP)
  • Recent net production: 750 boe/d (62% oil/NGL)
  • Production primarily from the Queen, Yates and Seven Rivers (2,600 ft – 3,500 ft)
  • PDP PV-10 value: $20.1 million
  • Historically undercapitalized asset with behind-pipe potential targeting bypassed productive zones and infill drilling opportunities

Bids are due Oct. 30. Contact Mariana Castaneda with TenOaks at mariana.castaneda@tenoaksadvisors.com for a copy of the confidentiality agreement. For additional information visit tenoaksenergyadivsors.com or contact B.J. Brandenberger, partner with TenOaks, at bj.brandenberger@tenoaksadvisors.com or 214-420-2323.