Legacy Reserves LP Announces Final Court Approval of Delaware Merger Litigation Settlement Source link
NATCHEZ, Miss., Sept. 4, 2018 /PRNewswire/ — Callon Petroleum Company (NYSE: CPE) (“Callon” or the “Company”) today announced that its wholly owned subsidiary, Callon Petroleum Operating Company, closed on its previously announced acquisition of oil and natural gas assets in the southern Delaware Basin from Cimarex Energy Co. for total cash consideration of approximately $538.6 million, including customary purchase price adjustments and the deposit paid upon signing, on August 31, 2018.
Carrizo Oil & Gas Announces Delaware Basin Acquisition Source link
Legacy Reserves LP Signs Memorandum of Understanding Regarding Settlement of Delaware Merger Litigation Source link
PLANO, Texas, May 07, 2018 (GLOBE NEWSWIRE) — Torchlight Energy Resources, Inc. (NASDAQ:TRCH) (“Torchlight” or the “Company”), today announced that the Company’s Winkler project in the Delaware Basin has begun with the drilling phase of the first project well, the UL 21 War-Wink 47 #2H. Torchlight’s operating partner, MECO IV has begun the pilot hole on the project and is currently drilling ahead at 3500 feet. The plan is to evaluate the
Halcón Resources Corporation (NYSE:HK) (“Halcón” or the “Company”) today announced it has recently acquired or entered into definitive agreements to acquire 22,617 net acres in Ward County, Texas for approximately $381 million. The properties are currently producing ~1,325 boe/d which equates to a purchase price of ~$14,674/acre (after adjusting for production using an estimated value of $35,000 per Boe/d). The Company also provided an update on recent well results in
Lilis Energy, Inc. (NYSE American: LLEX), an exploration and development company operating in the Permian Basin of West Texas and Southeastern New Mexico announced today that it has entered into a definitive purchase and sale agreement with OneEnergy Partners Operating, LLC (“OEP”) to acquire approximately 2,798 net acres in the Delaware Basin and associated production of approximately 425 net Boepd (the “Acquisition”). Aggregate consideration for the Acquisition is $70 million, consisting of $40 million in cash and $30 million of the Company’s common stock (1), subject