SM Energy Transitions To Pure-Play Texas Company With $292 Million Asset Sales
Transaction Type
Sellers
Buyers
Basin
Williston Basin
Announce Date
Post Date
Close Date
Estimated Price
161MM
Description
Bought SM Energy's remaining Bakken asset covering about 119,400 predominantly contiguous net acres within the Williston Basin in Divide County, ND, with 28.8 MMboe net proved reserves and 6,100 boe/d (83% oil) of net production in December 2017.