Marketed: Brown Foundation Diversified Royalty Divestiture
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.
The Brown Foundation retained RedOaks Energy Advisors as the exclusive adviser in connection with the sale of certain diversified royalty properties. The position stretches across five states, 44 counties and more than 400 wells including over 900 net royalty acres modeled in the Permian Basin.
Bids are due at noon CST on Nov. 29. The transaction is expected to have an effective date of Nov. 1. For information visit redoaksenergyadvisors.com or contact Will McDonald, associate of RedOaks, at Will.McDonald@redoaksadvisors.com or 214-727-4996.