PetroShare Executes Agreement to Acquire DJ Basin Acreage
Transaction Type
Sellers
Basin
Denver-Julesburg
Field
Wattenberg
Announce Date
Post Date
Estimated Price
$2,582.0MM
Description
To purchase oil and gas leases totaling about 5,879 gross (2,930 net) acres in the D-J Basin in Weld and Adams counties, CO, partially in the Wattenberg Field; Providence Energy will buy a 50% interest in the assets. (Expected to close late March)
PetroShare Executes Agreement to Acquire DJ Basin Acreage