SM Energy’s Powder River Basin Bulk Sale Captures Premium Price
Transaction Type
Sellers
Basin
Powder River Basin
Announce Date
Post Date
Close Date
Estimated Price
$500.0MM
Description
Purchased a majority of SM's Powder River Basin assets in WY; includes about 112,200 net acres primarily in Converse County and portions of Johnson and Campbell counties, with about 2,200 boe/d of net production (51% oil, 18% NGL and 31% natural gas).