Marketed: Tier 1 Merced Nonoperated Delaware Basin, Eagle Ford Sale

Transaction Type
Sellers
Marketers
Basin
Permian Basin; Delaware Basin; Eagle Ford Shale
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.

TenOaks Energy Advisors has been retained by Tier 1 Merced Holdings LLC in connection with the potential sale of certain cash-generating wellbore-only properties located in the Delaware Basin and the Eagle Ford Shale. The nonoperated working interests are located in 33 producing horizontal wells in the core of the Delaware Basin in New Mexico’s Eddy and Lea counties and the Eagle Ford in Gonzales, Texas.

Bids are due by noon CST on Jan. 20. The transaction is expected to have an effective date of Jan. 1 with a purchase and sale agreement signing targeted by Feb. 4. 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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