Transaction Details: 

Sequitur Permian, LLC, an affiliate of Sequitur Energy Resources, LLC (collectively, “Sequitur”), announces the recent acquisition of producing properties in the Impossible and Barnyard Fields located in Reagan, Crockett, Irion and Schleicher Counties, Texas.  Based on the acreage and it was later confirmed that EOG Resources is the seller of this acreage.

Transaction Highlights

• Net current production of approximately 10,000 net Boepd
• Substantial gas and water gathering infrastructure facilities connected to multiple third party processing facilities
• Sequitur will operate 100% of the assets
• Low operating costs
• Significant inventory of development opportunities in the Wolfcamp formations

Scott D. Josey, CEO, said, “This acquisition further expands our Permian Basin footprint and provides Sequitur with meaningful opportunities for growth. These assets also nicely complement our existing position in the Buda - Rose play in East Texas.”

Vinson & Elkins LLP acted as legal advisor to Sequitur.

About Sequiter Energy Resources LLC

Sequitur Energy Resources, LLC was formed in 2013 by former executives of Mariner Energy, Inc.  to acquire and develop oil and gas assets in the United States.

Executive Team:

• Anthony Franklin Bahr - CEO

• Jay Carlton Graham - President

Contact:

9805 Katy Freeway, Suite 400

Houston, TX 77024

Phone: 713-568-4910

Fax: 713-568-4911

Permian Deal Activity In Last 12 Months