Escondido Resources LP, Houston, has acquired assets in the Olmos trend in La Salle, Dimmit and Webb counties in South Texas from an undisclosed seller for $13.2 million. The 3,700-acre properties have current net production of 1.2 million cubic feet of gas equivalent per day and Escondido has also acquired new leasehold acreage in Dimmit and La Salle counties totaling more than 60,000 net acres near the company's existing operations in the two counties.
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