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.
Nail Bay Royalties has retained TenOaks Energy Advisors as its exclusive adviser in connection with the sale of certain Delaware Basin Minerals.
Asset Highlights
Diversified Mineral Position in the Most Coveted and Economic Basin in the Lower 48
- 5,997 Net Royalty Acres in Loving, Lea, Reeves, and Pecos Counties
- Nail Bay entertaining separate offers for the Northern and Southern Delaware Basin properties
- Continuous development clauses in place across a majority of Nail Bay’s position will sustain production and cash flow growth
Track Record of Steady Development and Exposure to E&Ps Committed to the Delaware Basin
- FTM cash flow (PDP only): ~$3.0 MM
- 60 producing horizontal wells
- 57 wells spud in the last 24 months on the position
- Significant near-term growth with 28 DUCs / 32 permits
- Key operators: Anadarko, Diamondback, EOG, and XTO
- >1,500 quantified future locations
Please contact Trey Bonvino for a copy of the Confidentiality Agreement.
Bids are due March 5. For information visit tenoaksenergyadvisors.com or contact B.J. Brandenberger, TenOaks partner, at 214-420-2323.
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