Colgate Energy Completes $230 Million Divestiture in Ward County, Texas

Transaction Type

Sellers

Colgate Operating LLC

Buyers

Basin

Permian Basin; Delaware Basin

Announce Date

Tue, 01/18/2022 - 12:00 PM

Post Date

Jan 18, 2022

Close Date

Tue, 01/18/2022 - 12:00 PM

Estimated Price

$230.0MM

Description

Bought approximately 6,000 net acres in Ward County, TX, within the Delaware Basin of the Permian.