Ring Closes $75 Million Delaware Basin Acquisition

Transaction Type
Announce Date
Post Date
Close Date
Estimated Price
$75.0MM
Description

Purchased 14,000 net acres in the Delaware Basin in Culberson and Reeves counties, TX; includes 1,300 boe/d, 80% oil, current net production.

Ring Energy Reels In 14,000 Net Acres In Delaware Basin

Ring Closes $75 Million Delaware Basin Acquisition