One-Page Deal Sheet
Resource Energy Picks Up Non-Op Bakken Property; 750 BOEPD
Resource Energy Can-am LLC Not Disclosed
Announced Date
June 04,2019
Close Date
May 23,2019
Transaction Type
Property
Location
Region
Williston Basin
Country
United States
State
North Dakota
County
Divide
Play
Production & Reserves Production
Reserves
Transaction Details: Subscribe to see
Resource Energy Can-Am LLC has purchased non-op assets in the Bakken Play in Divide County, North Dakota.
The seller or purchase price was not disclosed.
Asset Details: Net Production: 750 BOEPD Net Proved Producing Reserves: 2.2 MMBOE Includes 19 wellsWith the acquisition, Resource Energy has accumulated over 120,000 net acres, proven reserves of approximately 33 MMBOE (14.2 MMBOE proved-producing), and an interest in 416 wells (205 operated).
Paul Favret, CEO and President of Resource Energy, stated, “We are excited to have completed the purchase of these significant assets…
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