Marketed: Legacy Permian Basin Mineral, Royalty Portfolio

Transaction Type
Sellers
Marketers
Basin
Permian Basin; Delaware Basin; Midland Basin
Announce Date
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.

A private seller is offering for sale certain mineral and royalty properties located in the Delaware and Midland basins of the Permian. The company retained TenOaks Energy Advisors as its exclusive adviser in connection with the transaction.

The offering includes legacy mineral and royalty portfolio strategically positioned in rapidly developing areas of both the Delaware and Midland basins with an expansive footprint covering 7,503 net royalty acres and a next 12-month cash flow of $32 million.

Bids are due at noon CST on July 28. The transaction effective date is July 1.

A virtual data room is available. For information visit tenoaksenergyadvisors.com or contact Forrest Salge at TenOaks Energy Advisors at 817-233-4096 or Forrest.Salge@tenoaksadvisors.com.

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