Parsley Energy just announced a
deal for 5,472 net acres in Reagan County for $252 million. The deal
includes 1,800 boe/d. Metrics work out to: $46k/net acre and $140k per
flowing barrel (click here).
Subscribe to:
Post Comments (Atom)
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.
Map of Lynden's Mitchell Ranch and surrounding development
Click here for larger version of map.
Lynden Energy Corp. Valuation Analysis (click here) or see 10/31/11 post.
Please feel free to contact us at wolfberrypost@gmail.com. Disclosure: I am long LVLEF. This blog contains stock ideas and information and does not make recommendations. The intent of this blog is to provide information for discussion and informational purposes and should not be considered to be investment advice. Please complete your own due diligence.
No comments:
Post a Comment