Equinor Exits Bakken Shale in $900 Million Sale to EnCap-backed Firm
Transaction Type
Sellers
Basin
Williston Basin; Bakken Shale
Announce Date
Post Date
Close Date
Estimated Price
$900.0MM
Description
Acquired Equinor’s interests in the Bakken field; includes operated and nonoperated acreage, totaling 242,000 net acres, and associated midstream assets in North Dakota and Montana with production of 48,000 boe/ (net of royalty interests) for 4Q 2020.