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A&D - Clearly Petroleum sells Gulf Coast, Permian & North Texas - June 2020
Independent producer Clearly Petroleum and affiliates sold an offering of mostly operated assets in South Texas, the Permian Basin, North Texas and the Gulf Coast in Texas and Louisiana to a single buyer, transaction advisor TenOaks Energy Advisors told Enverus. Clearly sold a total of 25,667 net acres with 5 MMboe of proved reserves and average three-month net production ending in November of 1,516 boe/d (79% oil). Making up almost half of the sold......
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