Ring Energy Grows Permian Basin Position With $300 Million Wishbone Acquisition

Transaction Type
Basin
Permian Basin; Central Basin Platform; San Andres
Announce Date
Post Date
Close Date
Estimated Price
300MM
Description

Purchased Wishbone’s North Central Basin Platform assets in the Permian comprising 49,754 gross (37,206 net) acres of mostly contiguous leasehold located primarily in SW Yoakum County, TX, and E Lea County, NM, with an average net production of 6,000 boe/d.