Riviera Resources Narrows Focus on Midcon Region with North Louisiana Asset Sale

Transaction Type
Buyers
Basin
North Louisiana
Announce Date
Post Date
Close Date
Estimated Price
$23.0MM
Description

Bought interest in N LA properties, consisting of about 100 wells averaging 16 MMcfe/d of net production in 2Q 2020.

Editor's note: Value of transaction updated at closing to $23 million from the initial $26.5 million.