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Altamont Energy

Company Summary

Description

Private E&P company formed by Silverpeak to manage assets in the Uinta Basin of Utah.

Website

https://www.silverpeak.com/

Operational Regions

  • Uinta Basin
  • Altamont-Bluebell

Related Entities

Recent news

  • 4/5/2018 - Silverpeak Acquires... (subscriber access)

Company Transactions

Date: 4/5/2018
Type: Acquisition

BUYERS:
  • Silverpeak
  • Altamont Energy
    • SELLERS:
  • Linn Energy, Inc
    • DETAILS:

    COST: 132 $MM

    ACRES: 36000 Acres

    NOTES:
    Located in Utah’s oil-rich Altamont Bluebell field, the assets are comprised of approximately 36,000 net acres, including 27,000 undeveloped acres. The acreage includes 116 PDP wells, with significant reserves, work-over and development opportunities.
    REGIONS:
  • Uinta Basin
  • Altamont-Bluebell