Emerald Oil Wraps Up Montana, North Dakota Sale

Transaction Type

Sellers

Emerald Oil Inc.

Buyers

Angelus Private Equity Group Capital Reserve LP

Announce Date

Thu, 12/24/2015 - 12:00 PM

Post Date

Jan 19, 2016

Close Date

Tue, 01/12/2016 - 12:00 PM

Estimated Price

$9.7MM

Description

Bought a portion of undeveloped ND and MT leaseholds covering about 9,750 net acres with certain production from nonoperated wells.

Emerald Oil Wraps Up Montana, North Dakota Sale

Emerald Will Sell Undeveloped Montana, North Dakota Leaseholds