Colgate Acquires Luxe Energy in All-Stock Transaction
Transaction Type
Sellers
Buyers
Basin
Permian Basin
Announce Date
Post Date
Close Date
Estimated Price
MM
Description
Bought a majority of the assets owned by Luxe Energy in an all-stock transaction; includes roughly 22,000 net acres in the Permian Basin in Reeves and Ward counties, TX, with net daily production of about 17,000 boe/d.