Deal Blotter: California Merger; German Firm Buys Williston Interests

Transaction Type

Sellers

Buyers

Salt Creek Oil and Gas LLC

Deutsche Rohstoff AG

Basin

Williston Basin

Announce Date

Wed, 11/30/2016 - 12:00 PM

Post Date

Nov 30, 2016

Close Date

Wed, 12/21/2016 - 12:00 PM

Estimated Price

$38.1MM

Description

Purchased 1,795 net mineral acres in the Bakken/Three Forks in the Williston Basin in ND; includes nonoperated WI in 60 gross wells.

Deal Blotter: California Merger; German Firm Buys Williston Interests