Flatland Mineral Fund LP

Transaction Type
Basin
Permian Basin; Delaware Basin
Post Date
Close Date
Room Opening Date
Estimated Price
MM
Description

Flatland Mineral Fund LP retained TenOaks Energy Advisors LLC to sell certain mineral properties in the Delaware Basin covering 1,826 net royalty acres in Lea County, N.M., and Loving, Ward, Reeves and Pecos counties, Texas. The offer comprises 87 producing horizontal wells plus 37 DUCs and 21 active permits. Projected 2018 cash flow (PDP/DUC/permit only) is about $1.7 million. Operators include EOG Resources, Anadarko Petroleum, WPX Energy, Rosehill Resources and Energen.

Bids are due May 2. For information visit tenoaksenergyadvisors.com or contact Lindsay Sherrer, partner with TenOaks, at 214-420-2324.