Former EnerVest Affiliate Sells Magnolia Oil & Gas Stake, Exits San Juan Basin

Transaction Type
Buyers
Basin
San Juan Basin
Announce Date
Post Date
Close Date
Estimated Price
$42.8MM
Description

Bought all of Harvest's interests in the San Juan Basin in NM and CO with average production of 23,7 MMcfe/d and 163.2 Bcfe (65% natgas, 30% NGL, 5% oil) estimated proved reserves. (Expected to have closed April)