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.
EOG Resources Inc. has retained RedOaks Energy Advisors as the exclusive adviser in connection with the sale of certain operated properties located in the Eagle Ford.
Key Considerations:
- 8,194 gross acres located in the Eagle Ford oil window (100% HBP)
- 12 horizontal producers
- Average Working Interest: 90% | Average Net Revenue Interest: 78%
- Forecasted June 2022 PDP production: 123 bbl/d of Oil
- Next 12-month PDP Cash Flow: $3.0 million
- Significant proven upside remaining on position
- 51 drilling locations at 600 ft spacing (~7,500 ft laterals) across 8 DSUs
- Average IRR: 51%
Bids are due June 7. The transaction effective date is June 1. For information visit redoaksenergyadvisors.com or contact Will McDonald, associate of RedOaks, at Will.McDonald@redoaksadvisors.com or 214-727-4996.
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