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Avalon Energy, LLC

Company Summary

Operational Regions

  • Permian Basin

Related Entities

Recent news

  • 10/15/2020 - SandRidge Permian Trust... (subscriber access)
  • 8/28/2020 - PEDEVCO Interested in... (subscriber access)
  • 8/28/2020 - Montare Resources Enters... (subscriber access)
  • 4/24/2020 - Sandridge Permian Trust... (subscriber access)

Company Transactions

Date: 10/15/2020
Type: Acquisition

BUYERS:
  • Montare Resources I, LLC
    • SELLERS:
  • Avalon Energy, LLC
  • SandRidge Permian Trust
    • DETAILS:

    COST: 4.9 $MM

    NOTES:
    Avalon Energy (the sponsor of the Trust) has sold off certain wells and leasehold interests to Montare Resources. SandRidge will net $4.9 million from the sale and the deal represented 31.8% of the total fair value of royalty interests owned by the Trust.
    REGIONS:
  • Permian Basin