Former EnerVest Affiliate Sells Magnolia Oil & Gas Stake, Exits San Juan Basin

Transaction Type
Buyers
Basin
San Juan Basin
Announce Date
Post Date
Close Date
Estimated Price
43MM
Description

Bought all of Harvest's interests in the San Juan Basin in NM and CO with average production of 23,7 MMcfe/d and 163.2 Bcfe (65% natgas, 30% NGL, 5% oil) estimated proved reserves. (Expected to have closed April)