Property

SM Energy closes Permian Basin acquisition, increases borrowing to $1.35 Billion

Energy Financial

DENVER- SM Energy Company announced today that the Company closed the previously announced acquisition of 24,783 net acres in Howard County, Texas, from Rock Oil Holdings LLC for $980 million, before customary purchase price adjustments. The largely contiguous acreage position expands the Company’s Midland Basin footprint to approximately 46,750 net acres. The effective date of […]

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Concho Resources enhances Southern Delaware Basin position

Energy Financial

Concho has entered into a definitive agreement to acquire 12,000 net acres in Reeves and Ward Counties, Texas, adjacent to the company’s North Harpoon prospect MIDLAND, Texas – Concho Resources Inc. says that three separate transactions will enhance its position in the southern Delaware Basin, high grade the company’s portfolio, and reduce net debt. Highlights Agreed to

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