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One-Page Deal Sheet

Camber/Lucas Energy Acquires Central Basin Leasehold

Camber Energy Inc. Not Disclosed
AnnouncedJan 3, 2017
TypeProperty
LocationPermian Basin
Announced Date
January 03,2017
Close Date
January 31,2017
Transaction Type
Property
Enterprise Value (EV)($MM)
1




Snapshot
Asset/Basin:
{Permian}
TargetZones:
{"San Andres"}
Net Acres
Location
Region
Permian

Country
United States

State
Texas

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Calculated Metrics( EV/Category)
$/ Acre

Transaction Details:  Subscribe to see

Closing Announcement - January 7, 2017

Camber Energy (previously Lucas Energy) has completed the previously-announced acquisition of a leasehold position in the Permian Basin in Texas.

Initial Announcement - January 3, 2017

Lucas Energy (now known as Camber Energy) has entered into a Lease Acquisition and Participation Agreement with a privately-held, Houston, Texas-based oil and gas holding company to acquire a leasehold position in the Permian Basin.

Under the Agreement, Lucas Energy will purchase the initial lease comprised of 16,322 gross, 3,630 net, mineral acres, and the parties have…

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Price History



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