Aris Water Solutions Acquires Delaware Energy Assets in Exchange for Stock
Transaction Type
Sellers
Buyers
Basin
Permian Basin; Delaware Basin
Announce Date
Post Date
Close Date
Estimated Price
0MM
Description
Purchased the assets of Delaware Energy Services in exchange for stock and a small, volumetric-based contingent consideration paid over five years; includes seven produced water handling facilities and associated gathering lines in Aris’ core areas of Eddy and Lea cos., NM, in the northern Delaware Basin.