Approach Resources Acquires Bolt-On Midland Acreage

Transaction Type
Basin
Permian Basin; Midland Basin
Announce Date
Post Date
Close Date
Estimated Price
18MM
Description

Acquired Wolfcamp Shale bolt-on assets directly adjacent to its Pangea W project in the S Midland Basin; includes more than 35,000 net undeveloped acres and current net production of about 550 boe/d (51% oil). (Closed 4Q 2017)