Empire Petroleum Closes Acquisition of XTO Permian Basin Assets
Transaction Type
Sellers
Buyers
Basin
Permian Basin; Central Basin Platform
Field
Eunice Monument Field
Announce Date
Post Date
Close Date
Estimated Price
18MM
Description
Bought producing oil and gas assets located in the Eunice Monument and nearby Arrowhead Grayburg fields in the Permian Basin’s Central Basin Platform in Lea County, NM; includes 48,000 HBP acres and 1,100 net boe/d of production (67% oil).