Continental Resources Enters Permian Basin in $3.25 Billion Expansion

Transaction Type
Basin
Permian Basin; Delaware Basin
Announce Date
Post Date
Close Date
Estimated Price
3.3BB
Description

Acquired Pioneer’s Delaware Basin position in the Permian covering approximately 92,000 net acres in Pecos, Reeves, Ward and Winkler Cos. in W TX with net production of approximately 50,000 boe/d and over 650 gross operated locations in Third Bone Spring/Wolfcamp A and B.