NOG Continues A&D Tear with $330 Million Midland Basin Acquisition
Transaction Type
Buyers
Basin
Permian Basin; Midland Basin
Announce Date
Post Date
Estimated Price
$330.0MM
Description
To purchase a 36.7% working interest in the Mascot Project in the Midland Basin in Midland County, TX, in the Permian; production expected to average 6,450 boe/d for full-year 2023 (2-stream, about 80% oil). (Expected to close January)