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Silvertip

Company Summary

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Company Transactions

Date: 12/31/2020
Type: Acquisition

SELLERS:
  • Silvertip
  • DETAILS:

    COST: 58 $MM

    VOLUMES: 7.5 MBOE/d

    ACRES: 182000 Acres

    NOTES:
    The assets have 18.3 MMboe in PDP reserves and are 100% held by production. The deal was made via a bank-owned liquidation of assets. The acreage includes positions in the Elk Basin Field (Big Horn Basin) with 2 Mboe/d in production and the Permian Basin with 3.8 Mboe/d in production. Closing is planned for December 31, 2020.
    REGIONS:
  • Big Horn Basin
  • Permian Basin
  • Powder River Basin