Sequitur Energy Resources announces acquisition of Southern Midland Basin assets

Sequitur Sequitar gained a significant inventory of development opportunities in the Wolfcamp formations

HOUSTON – Sequitur Permian, LLC, an affiliate of Sequitur Energy Resources, LLC, has announced the acquisition of producing properties in the Impossible and Barnyard Fields located in Reagan, Crockett, Irion and Schleicher Counties, Texas.

Transaction Highlights

  • Net current production of approximately 10,000 net Boepd
  • Substantial gas and water gathering infrastructure facilities connected to multiple third party processing facilities
  • Sequitur will operate 100 per cent of the assets
  • Low operating costs
  • Significant inventory of development opportunities in the Wolfcamp formations

“This acquisition further expands our Permian Basin footprint and provides Sequitur with meaningful opportunities for growth,” said Scott D. Josey, Sequitur CEO.

“These assets also nicely complement our existing position in the Buda – Rose play in East Texas.”

sequitur energy

Ph: 432-978-5096 Website: www.mapleleafmarketinginc.com 

Posted in: USA

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