PHX Minerals Completes Arkoma, Western Anadarko Basin Divestitures
Transaction Type
Sellers
Buyers
Basin
Arkoma Basin; Western Anadarko Basin
Announce Date
Post Date
Close Date
Estimated Price
$3.0MM
Description
Purchased two packages of assets totaling 193 nonoperated legacy working interest wellbores primarily in the Arkoma Shale and Western Anadarko Shale plays of OK; includes assumption of approximately $500,000 of asset retirement obligation.