Devon Energy Acquires RimRock Oil and Gas in $865 Million Bolt-on
Transaction Type
Buyers
Basin
Williston Basin; Bakken Shale
Announce Date
Post Date
Close Date
Estimated Price
$865.0MM
Description
Acquired the leasehold interest and related assets of RimRock Oil and Gas, a Warburg Pincus portfolio company focused in the Williston Basin; includes 38,000 net acres and 15,000 boe/d (78% oil) of production.