oil & gas assets
You have accessed this news story:

A&D - Spur buys Concho’s Permian NW Shelf position for $925MM - September 2019

Feed Icon
Concho Resources agreed to sell its position on the Permian Basin’s Northwest Shelf in New Mexico to private equity-backed Spur Energy Partners for $925 million cash. The deal will enable Concho to meet its $500-700 million debt reduction goal and set it up for free cash flow generation in 2020, allow it to kick-start a newly announced $1.5 billion share repurchase program, and focus its portfolio on its core assets in the southern Delaware......
Provide your credentials to access this page

Member Area: Log in if you have a PLS web account or Sign up for internet access now.

PLS Web Client?
Log in to proceed

Sign up for PLS Reports
& Web Access!

Already subscribed to Reports?
Sign up for Web Access!
Search For More News