Panhandle Oil and Gas Enters Haynesville Shale with Red Stone Acquisition
Transaction Type
Sellers
Buyers
Basin
SCOOP; Haynesville Shale
Announce Date
Post Date
Close Date
Estimated Price
7MM
Description
Purchased two packages totaling approximately 795 net royalty acres in the SCOOP and Haynesville plays currently producing 1.1 MMcfe/d (6% oil, 1% NGL and 93% natural gas).