Marketed: Read & Stevens Operated, Nonoperated Delaware Basin Properties

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

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.

Read & Stevens Inc. and First Century Oil Inc. are offering for sale certain operated and nonoperated properties located in the Delaware Basin. The company has retained TenOaks Energy Advisors as its exclusive adviser in connection with the transaction. The company’s preference is for a cash-free, debt-free corporate / entity sale.

Bids are due mid-September. Closing of the transition is targeted by the fall with an effective date of Nov. 1. A virtual data room is available. For information visit tenoaksenergyadvisors.com or contact Forrest Salge at TenOaks Energy Advisors at 817-233-4096 or Forrest.Salge@tenoaksadvisors.com.

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