Marketed: Haynesville Minerals Acquisition Opportunity

Transaction Type
Sellers
Marketers
Basin
Haynesville
Post Date
Close Date
Estimated Price
0MM
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.

San Jacinto Minerals II LLC has retained RedOaks Energy Advisors as its exclusive adviser in connection with the sale of its Haynesville minerals.

Highlights:

  • Core Haynesville Position
    • 1,876 net royalty acres in Desoto, Red River, Bossier, Sabine and Caddo Parishes
    • 46 drilling spacing units (DSUs)
    • Recent monthly cash flow: $122,467 (December 2018)
    • 69 horizontal producing wells
  • Strong Activity Across Position
    • Near term projected growth: 10 drilled but uncompleted wells (DUCs) | Two Permits
    • 15 wells spud in 2018
    • Key operators: Vine Oil & Gas, Covey Park, Chesapeake Energy and GEP Haynesville
    • Roughly 250 quantified upside locations

Bids are due March 19. For information visit redoaksenergyadvisors.com or contact David Carter, managing director of RedOaks, at David.Carter@redoaksadvisors.com or 214-420-2334