SilverBow Resources Adds New Webb County Position for $50 Million
Transaction Type
Sellers
Buyers
Basin
Eagle Ford Shale; Austin Chalk
Announce Date
Post Date
Close Date
Estimated Price
$50.0MM
Description
Purchased through a series of transactions a 7,500 net-acre position in the dry gas Dorado play in Webb County, TX, with over 50 net drilling locations across the Austin Chalk and Eagle Ford formations; net recoverable resource is 650 Bcf and current net production is about 30 MMcf/d.