Permian Basin Operator Approach Resources Hitches Saddle to New Buyer
Transaction Type
Sellers
Buyers
Basin
Permian Basin; Midland Basin
Announce Date
Post Date
Close Date
Estimated Price
116MM
Description
To purchase essentially all of the assets of Fort Worth, TX-based Approach Resources through a bankruptcy auction; includes leasehold within the Permian's Midland Basin largely located in the Wolfcamp Shale in W TX.