Callon To Buy Cimarex Delaware Basin Asset In $570 Million Bolt-On
Transaction Type
Sellers
Buyers
Basin
Permian Basin; Delaware Basin
Announce Date
Post Date
Close Date
Estimated Price
$570.0MM
Description
Purchased oil and gas properties in the Delaware Basin covering about 28,657 net surface acres primarily in Ward County, TX; includes 6,831 boe/d (73% oil) of production mainly from the Bone Spring Formation and 18,925 net undeveloped Wolfcamp acreage.