One-Page Deal Sheet
Gary Evans' Energy Hunter Acquires Midland Basin Mineral Rights
Energy Hunter Resources Not Disclosed
Announced Date
September 28,2016
Transaction Type
Mineral Rights
Asset/Basin:
{Permian,"Midland Basin"}
TargetZones:
{"Lower Spraberry","
Transaction Details: Subscribe to see
Energy Hunter Resources has entered into an agreement to acquire mineral rights under approximately 320 gross acres located in Howard County, Texas.
Energy Hunter estimates that a total of nine wells can be drilled on this acreage position and an active drilling program is currently underway. The Lower Spraberry and Wolfcamp A are horizontal targets in the offset wells. Potential horizontal development exists in the Wolfcamp B and Wolfcamp C benches as well. A sixty day due diligence period to confirm title is currently in process and the transaction is anticipated to close within that…
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