Callon To Buy Cimarex Delaware Basin Asset In $570 Million Bolt-On
Transaction Type
Sellers
Buyers
Basin
Permian Basin; Delaware Basin
Announce Date
Post Date
Close Date
Estimated Price
570MM
Description
Purchased oil and gas properties in the Delaware Basin covering about 28,657 net surface acres primarily in Ward County, TX; includes 6,831 boe/d (73% oil) of production mainly from the Bone Spring Formation and 18,925 net undeveloped Wolfcamp acreage.