U.S. Energy Signs MOU For North Dakota Bakken Properties
Transaction Type
Sellers
Buyers
Basin
Williston Basin
Announce Date
Post Date
Estimated Price
18MM
Description
To buy interest in 67 wells concentrated in Williams and McKenzie counties, ND, targeting the Bakken; includes 1,600 net acres with 400 boe/d of current production and 1.1 million boe of proved developed reserves (79% oil). (Signed MOU)