The following information is provided by RedOaks Energy Advisors. All inquiries on the following listings should be directed to RedOaks Energy Advisors. Hart Energy is not a brokerage firm and does not endorse or facilitate any transactions.
A confidential seller retained RedOaks Energy Advisors for the sale of certain mineral and royalty interests in Louisiana. The package includes a 2024 projected net cash flow of $2.8 million.
Opportunity highlights:
• 2,320 net royalty acres located across core areas of the Haynesville Shale
○ Total PV-10: ~$50 MM
• Significant line-of-sight development with years of de-risked inventory remaining
○ 9 DUCs | 38 permits / pre-permits | >300 remaining upside locations
• Leading Haynesville operators driving development: Southwestern, Chesapeake, Aethon
Bids are due Feb. 20 at noon CST. For complete due diligence, please visit redoaksenergyadvisors.com or email David Carter, partner, at david.carter@redoaksadvisors.com or Will McDonald, vice president, at will.mcdonald@redoaksadvisors.com.
Recommended Reading
Canadian Railway Companies Brace for Strike
2024-04-25 - A service disruption caused by a strike in May could delay freight deliveries of petrochemicals.
Enterprise’s SPOT Deepwater Port Struggles for Customers
2024-04-25 - Years of regulatory delays, a loss of commercial backers and slowing U.S. shale production has Enterprise Products Partners’ Sea Port Oil Terminal and rival projects without secured customers, energy industry executives say.
Report: Crescent Midstream Exploring $1.3B Sale
2024-04-23 - Sources say another company is considering $1.3B acquisition for Crescent Midstream’s facilities and pipelines focused on Louisiana and the Gulf of Mexico.
For Sale? Trans Mountain Pipeline Tentatively on the Market
2024-04-22 - Politics and tariffs may delay ownership transfer of the Trans Mountain Pipeline, which the Canadian government spent CA$34 billion to build.
Energy Transfer Announces Cash Distribution on Series I Units
2024-04-22 - Energy Transfer’s distribution will be payable May 15 to Series I unitholders of record by May 1.