BreitBurn Energy Partners enters Permian Basin, another great Wolfberry comp! $47,826/acre!!!
BreitBurn Energy Partners L.P. signed two agreements to acquire Permian Basin Wolfberry properties. The combined price is approximately $220 million. The assets include:
- Net production of 2,100 boe/d (56% oil)
- Estimated proved reserves of approximately 9.5 mmboe
- Net acreage position of 4,600 acres
This is a great comp for Lynden Energy! The price per acre metric for these transactions is $47,826/acre and $104,762 per flowing boe/d.
Search ResultsBreitBurn Energy Partners L.P. to Enter the ... - FinanzNachrichten.dewww.finanznachrichten.de › NachrichtenYou +1'd this publicly. Undo
7 hours ago – BreitBurn Energy Partners L.P. (the "Partnership") (NASDAQ:BBEP) today announced it has ... two separate agreements to acquire oil and natural gas properties located in. ... Net acreage position of approximately 4600 acres ...
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