Lucid Energy To Sell Delaware Basin Subsidiary To Riverstone Holdings, Goldman Sachs For $1.6 Billion

Transaction Type
Basin
Permian Basin; Delaware Basin
Announce Date
Post Date
Close Date
Estimated Price
$1,600.0MM
Description

Purchased Lucid II, which includes assets in the core of the northern Delaware Basin with natgas gathering and processing systems in SE NM. (Expected to close 1Q 2018)