Athlon Energy Completes Upsized Midland Basin Acquisition For $96.7 Million

Transaction Type

Sellers

Midenergy Operating LLC

Midenergy Partners I LP

Midenergy Partners II LP

Wolfdom Energy Partners I LP

Buyers

Athlon Energy Inc.

Announce Date

Fri, 01/24/2014 - 12:00 PM

Post Date

Mar 3, 2014

Close Date

Thu, 02/06/2014 - 12:00 PM

Estimated Price

$96.7MM

Description

Purchased 6,426 net acres within the Midland Basin of Midland, Upton, Martin, and Andrews counties; Current production is 750 BOE/d with 60% oil.

Athlon Energy Completes Upsized Midland Basin Acquisition For $96.7 Million