U.S. Energy Signs MOU For North Dakota Bakken Properties
Transaction Type
Sellers
Buyers
Basin
Williston Basin
Announce Date
Post Date
Estimated Price
$17.8MM
Description
To buy interest in 67 wells concentrated in Williams and McKenzie counties, ND, targeting the Bakken; includes 1,600 net acres with 400 boe/d of current production and 1.1 million boe of proved developed reserves (79% oil). (Signed MOU)