oil & gas assets
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MCS - Riviera Resources Highlights - May 22, 2019



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Riviera Resources struck a $31 million deal to sell non-operated Hugoton Basin assets in Kansas to an undisclosed buyer. The sale includes stakes in 2,300 wells with net proved developed reserves of 74 Bcfe and proved developed PV-10 value of $30 million. The deal is expected to close in Q2. Additionally, Riviera has retained CIBC Griffis & Small to assist in the divestiture of its operated upstream and gas plant assets in the Hugoton......
 
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