Marketed: Conventional Permian Basin Divestiture, Crane County, Texas

Transaction Type
Basin
Permian Basin
Announce Date
Post Date
Close Date
Room Opening Date
Estimated Price
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Description

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.

Mercury Operating LLC has retained RedOaks Energy Advisors as the exclusive adviser in connection with the sale of certain conventional operated properties located in the Permian Basin. The offering comprises of a low-decline contiguous position in Block 31, Crane County, Texas, with 58 vertical producing wells and projected March net production of 155 bbl/d of oil and 615 Mcf/d of gas.

Bids are due April 26. A virtual data room is available. The transaction effective date is April 1.

For information visit redoaksenergyadvisors.com or contact Will McDonald, associate of RedOaks, at Will.McDonald@redoaksadvisors.com or 214-727-4996.