Ring Energy Grows Permian Basin Position With $300 Million Wishbone Acquisition

Transaction Type
Basin
Permian Basin; Central Basin Platform; San Andres
Announce Date
Post Date
Close Date
Estimated Price
$300.0MM
Description

Purchased Wishbone’s North Central Basin Platform assets in the Permian comprising 49,754 gross (37,206 net) acres of mostly contiguous leasehold located primarily in SW Yoakum County, TX, and E Lea County, NM, with an average net production of 6,000 boe/d.