In another Uinta deal this year, two Quantum Capital Group-backed E&Ps bought Caerus Oil and Gas’ property that straddles the Utah-Colorado border.
Some of the leasehold is in the eastern, gassy Uinta in Utah, while most is in the gassy Piceance Basin in Colorado on the other side of the Douglas Creek Arch.
The combined deal value is $1.8 billion.
Caerus is owned by Oaktree Capital Management, Anschutz Exploration and Old Ironsides Energy.
The property on the Uinta side—160,000 acres—went to KODA Resources, led by Osman Apaydin, president and CEO, and Kurt Doerr, executive chairman.
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