Caerus Expands Texas Assets
Transaction Type
Sellers
Buyers
Announce Date
Post Date
Close Date
Estimated Price
MM
Description
The assets include over 300 wells and over 160,000 net acres of developed and undeveloped land, held by production.
Caerus Oil and Gas LLC announced that it has purchased the Texas County, Oklahoma oil and gas assets of a major U.S. independent energy company for an undisclosed amount.
The assets include over 300 wells and over 160,000 net acres of developed and undeveloped land, held by production.
As a result of the transaction, Caerus anticipates it will hire up to seven professional and support staff to manage the assets.