Colgate Energy Continues Permian Expansion with $190 Million New Mexico Bolt-on

Transaction Type
Permian Basin; Delaware Basin
Announce Date
Post Date
Close Date
Estimated Price

Purchased approximately 22,000 net acres directly offset Colgate’s existing position in the northern Delaware Basin of the Permian in Eddy and Lea counties, NM; includes 750 boe/d of estimated average net production and over 200 “high-quality locations.”