Empire Petroleum Closes Acquisition of XTO Permian Basin Assets
Transaction Type
Sellers
Buyers
Basin
Permian Basin; Central Basin Platform
Field
Eunice Monument Field
Announce Date
Post Date
Close Date
Estimated Price
$17.8MM
Description
Bought producing oil and gas assets located in the Eunice Monument and nearby Arrowhead Grayburg fields in the Permian Basin’s Central Basin Platform in Lea County, NM; includes 48,000 HBP acres and 1,100 net boe/d of production (67% oil).