Earthstone Targets Acreage Trades To Boost Permian Laterals
Transaction Type
Sellers
Buyers
Basin
Permian Basin; Midland Basin
Announce Date
Post Date
Close Date
Estimated Price
MM
Description
Purchased an average 100% WI in 3,899 net operated acres in Reagan County, TX, within the Midland Basin in exchange of 1,222 net nonop acres in Glasscock County, TX, with average WI of 39% and $27.8 MM cash as part of an acreage trade.