Andros Capital Closes $150 Million JV with Private Permian Basin Operator
Transaction Type
Buyers
Basin
Permian Basin; Midland Basin
Announce Date
Post Date
Close Date
Estimated Price
$150.0MM
Description
Formed JV to fund a development drilling program targeting the Spraberry and Wolfcamp formations on MPDC’s position in the core of the Midland Basin in the Permian in Midland County, TX.