PHX Minerals Completes Arkoma, Western Anadarko Basin Divestitures
Transaction Type
Sellers
Buyers
Basin
Arkoma Basin; Western Anadarko Basin
Announce Date
Post Date
Close Date
Estimated Price
3MM
Description
Purchased two packages of assets totaling 193 nonoperated legacy working interest wellbores primarily in the Arkoma Shale and Western Anadarko Shale plays of OK; includes assumption of approximately $500,000 of asset retirement obligation.