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Disposition Status               updated May 30, 2025

The Content of this website is confidential to LLC Members, and authorized others.  

   Please call me if you want more detail. 

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  • June 2023 - Members decide to sell oil and gas assets (see minutes of that meeting here)

  • March 2025 - Clear title to all properties 

  • April 2025​

    • Reach out to our personal friends and advisors to create and affirm action plan.  ​​

    • Assemble list of advisors (brokers)  and send contact emails

      • Bank of Oklahoma​

      • Detring / Petrodivest

      • Energy Advisors Group [EAG]

      • ES3 Minerals 

      • RedOaks/TenOaks

      • Samuel Energy Associates

      • Simplex Energy

    • Advisors are compensated on a combination of retainers and success fees. 

      • Retainers range from $0 to $15,000.

      • Success fees are typically sliding scale from 2% to 10% based on sales price

  • May 2025

    • Some advisors are doing a deep dive into our properties before sending us an engagement letter. ​​​​​

    • One advisor, in contrast, said, "We can do your deal and sent an engagement letter". 
      Their terms are $6,500 to start and sliding scale success fee. 

    • 13th: Ann and I talk with Larry. Larry offered to consult for free.
      His son is active in Culberson and Reeves and will get back to us 

    • 21st: Brandon, Larry's son, sent an email.
      He may be interested in our properties or refer us to an advisor. 
      22nd: emailed Brandon back more detail. 

    • 21st: EAG sends "gameplan" and initial engagement terms - negotiations begin 

    • ​29th: add ES3 Minerals to the advisors list above 








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