JBL Energy Partners To Sell 23,000 Woodbine Acres
June 6, 2012
Privately held, Tomball, Texas-based JBL Energy Partners plans to sell its interest in approximately 23,000 acres in Leon County, Texas, within the prolific Woodbine play, to an undisclosed buyer for an undisclosed price.
The sale would include all oil, gas and mineral rights currently owned by JBL and its partners with the acreage position, to a large independent exploration and production company.
Jason Lane, chief executive of JBL Energy Partners, says, “We are currently working multiple projects in both East Texas and the Gulf Coast region, which we plan to ...
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