Abraxas Petroleum Exits South Texas With Sale Of Noncore Assets
Transaction Type
Sellers
Buyers
Basin
Eagle Ford Shale; Permian Basin
Announce Date
Post Date
Estimated Price
$7.9MM
Description
To buy Abraxas noncore assets in separate increments comprised of Abraxas’ remaining South Texas assets and a nonoperated acreage position in the Permian Basin in Reeves County, TX. (Expected to close 4Q 2019)