Centennial Resource Development To Sell Nonop Permian Assets

Transaction Type
Buyers
Basin
Permian Basin; Delaware Basin
Announce Date
Post Date
Close Date
Estimated Price
$141.0MM
Description

Purchased a largely nonop position (average 32% WI) of about 8,600 net acres in the Permian's Delaware Basin in Reeves County, TX; 2017 average net production was less than 250 boe/d.