Marketed: Multistate Royalties In Major Unconventional Plays

Transaction Type
Sellers
Marketers
Basin
Multiple
Announce Date
Post Date
Close Date
Estimated Price
0MM
Description

The following information is provided by Energy Advisors Group Inc. (EAG), formerly PLS Divestment Services. All inquiries on the following listings should be directed to EAG. Hart Energy is not a brokerage firm and does not endorse or facilitate any transactions.

Benedict Corp. retained Energy Advisors Group Inc. (EAG) to market its producing and nonproducing minerals, overriding royalty interest (ORRI) and nonop working interest in major unconventional areas operated by solid operators with about $7,980 per month net cash flow in the last six months. The majority of the cash flow comes from Apache Corp., Chevron Corp., Hilcorp Energy Co. and EOG Resources Inc. Offers are wanted by Dec. 31.

The sale package consists of about 4,417 producing gross mineral acres and 130 net royalty acres in: 

  • Eddy and Lea counties, N.M.;
  • McClain County, Okla.; and
  • Brazoria, Crockett, Lee, Liberty, Matagorda, Panola and Ward counties, Texas.

Click here to view the online data room or visit energyadvisors.com/deals to view our other 30-plus assignments. For more information, contact Blake Dornak, A&D associate with EAG, at bdornak@energyadvisors.com or 713-600-0123.

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