SM Energy Transitions To Pure-Play Texas Company With $292 Million Asset Sales
Transaction Type
Sellers
Buyers
Basin
Permian Basin
Announce Date
Post Date
Close Date
Estimated Price
131MM
Description
Purchased 60% WI in third-party operated assets known as Halff East in Upton County, TX, covering about 5,400 net acres with 1.6 MMboe net proved reserves and 1,025 boe/d (72% oil) of net production in December.