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An undisclosed company agreed to buy Callon’s position in the Ranger operating area, comprised of 9,850 net acres in the southern Midland Basin of the Permian.
In a two-hitter, Mid-Con Energy agreed to sell substantially all of its Texas properties while also picking up producing Oklahoma properties.
Diversified Gas & Oil, known as DGO, expects to acquire over a hundred unconventional producing gas wells in the Appalachian Basin from a proposed transaction with HG Energy.