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A&D - Extraction extends non-core disposals in 2020 with $15MM sale - March 2020
DJ Basin pure-play Extraction Oil & Gas announced in its 2019 earnings release that it sold working interests in non-operated producing horizontal wellbores to an undisclosed buyer for $14.7 million in Q1. The company also revealed the completion of $56 million in asset sales in 2019. “In 2019, we had targeted leasehold expenditures being offset with asset sales, and we were successful in achieving this goal,” president and CEO Matthew R. Owens said. “While......
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