The Wolfberry Post! focuses on recent news and information relevant to the Permian Basin and the Wolfberry and Cline Shale formations in Texas as well as information relating to the oil and gas sector.
Monday, July 28, 2014
RSP Permian enters into agreements for 6,652 net acres for $259 million
RSP Permian entered into agreements to purchase 6,652 net acres in Glasscock County for $259 million (click here). Valuation metrics are $39,000/acre and $234k/flowing barrel.
Lynden Energy Corp. Valuation Analysis (click here) or see 10/31/11 post.
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