Announced
Synopsis
Lime Rock Resources, acquirers and operators of producing oil and gas properties in the United States, agreed to acquire certain Williston Basin, Austin Chalk and Eagle Ford properties for $359m. The acquisition from Abraxas Petroleum consists of approximately 3.5k acres in McKenzie County, North Dakota. The Lime Rock Resources team has been an active operator in the Williston Basin since 2014, and it now manages approximately 19.4k BOE per day of net production in North Dakota inclusive of the new assets.
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