Approach Resources Acquires Bolt-On Midland Acreage
Transaction Type
Buyers
Basin
Permian Basin; Midland Basin
Announce Date
Post Date
Close Date
Estimated Price
$18.0MM
Description
Acquired Wolfcamp Shale bolt-on assets directly adjacent to its Pangea W project in the S Midland Basin; includes more than 35,000 net undeveloped acres and current net production of about 550 boe/d (51% oil). (Closed 4Q 2017)