2010-06-09-2010-06-07-2010-06-07
Transaction Type
Sellers
Announce Date
Post Date
Close Date
Estimated Price
$9.7MM
Description
Bought 14% WI in 36 Wolfberry wells in the Permian Basin in Andrews County, TX.
Midland, Texas-based E&P company Clayton Williams Energy Inc. (Nasdaq: CWEI) bought the remaining undivided 14% working interest in 36 Wolfberry wells in Andrews County, Texas, from a group of private investors for $9.75 million, increasing the company's working interest to 100%. Clayton holds approximately 5,700 gross acres in the Wolfberry trend.