Petro-Hunt Acquires Delaware Basin Assets from Admiral Permian Resources
Transaction Type
Buyers
Basin
Permian Basin; Delaware Basin
Announce Date
Post Date
Close Date
Estimated Price
MM
Description
Acquired predominantly operated oil and gas production and 21,430 net acres of leasehold in northwest Reeves and northeast Culberson Cos., TX, in the Delaware Basin of the Permian; current gross operated production is approximately 7,000 bbl/d of oil and 100 MMcf/d of gas.