Tag: Rock Oil

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

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 […]