Fortis Minerals LLC is offering a portion of its mineral interests in the Delaware Basin in a sale handled by advisory firm TenOaks Energy Advisors LLC.
The sale includes properties in Winkler County, Texas, operated by proven E&Ps, TenOaks said. Bids are due Feb. 13.
Highlights:
- About 847 net mineral acres;
- 75% of the minerals are located under operator Felix Energy LLC;
- Four rigs running with 32 permits in 2017, according to TenOaks;
- 75% of the minerals are located under operator Felix Energy LLC;
- About 1,508 net royalty acres; and
- Roughly 1,000 upside locations in the Wolfcamp C, Upper/Lower Wolfcamp B, Upper/Lower Wolfcamp A, 3rd Bone Spring, 2nd Bone Spring, BS 2 Lower Shale, 1st Bone Spring, Avalon and Brushy Canyon.
For information visit tenoaksenergyadvisors.com or contact B.J. Brandenberger, TenOaks partner, at 214-420-2323.
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