Abraxas Petroleum Sells Nonop Bakken Assets For $15.5 Million
Transaction Type
Sellers
Buyers
Basin
Williston Basin; Bakken Shale
Announce Date
Post Date
Close Date
Estimated Price
$15.5MM
Description
Purchased certain nonoperated properties located in the Williston Basin in ND; represents roughly 5% of Abraxas' current Bakken daily production of 7,000 boe/d.