Former EnerVest Affiliate Continues To Trim Portfolio With Barnett Exit
Transaction Type
Sellers
Buyers
Basin
Fort Worth Basin; Barnett Shale
Announce Date
Post Date
Close Date
Estimated Price
72MM
Description
Bought substantially all of Harvest's interests in the Barnett Shale, which comprise a roughly 28% WI in 164,276 gross (40,658 net) acres across N TX, over 90% of which is nonoperated; production in 1Q 2019 averaged 55.6 MMcfe/d.
Editor's note: Seller per BMO Capital Markets.