Lilis Energy Cuts Bargain-Basement Deal In Delaware Basin
Transaction Type
Sellers
Buyers
Basin
Permian Basin; Delaware Basin
Announce Date
Post Date
Close Date
Estimated Price
$45.6MM
Description
To buy more than 4,000 net contiguous and overlapping acres in Winkler County, TX, within the Delaware Basin; includes more than 150 net potential locations. (Closed initial settlement of about 3,200 net acres in November 2017; remainder expected to close December 2017)