Houston American Energy Will Acquire Delaware Interest From Founders Oil & Gas

Transaction Type

Sellers

Founders Oil and Gas LLC

Buyers

Houston American Energy Corp.

Basin

Permian Basin; Delaware Basin

Announce Date

Wed, 01/04/2017 - 12:00 PM

Post Date

Jan 16, 2017

Close Date

Thu, 02/09/2017 - 12:00 PM

Estimated Price

$1.1MM

Description

Purchased a 25% WI in about 800 acres in the Delaware Basin in Reeves County, TX.

Houston American Energy Will Acquire Delaware Interest From Founders Oil & Gas

Houston American Energy Closes Delaware Basin Acreage Acquisition