Saber Oil & Gas Ventures LLC

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

Saber Oil & Gas Ventures LLC retained TenOaks Energy Advisors LLC to sell certain nonoperated and ORRI properties located in the Permian Basin.

The offer includes 38.2% working interest and 28.7% net revenue interest on 11,918 gross (4,392 net) acres (100% HBP) in Andrews County, Texas. Saber also owns an 11.94% overriding royalty interest on 2,275 net acres. Trailing 12-month net cash flow is $973,000 per month.

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