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WS - IKAV Highlights - December 17, 2019
European renewable energy company IKAV entered an agreement to acquire San Juan Basin assets in New Mexico and Colorado from BP. IKAV is gaining 567,000 net acres with 2018 net production of 612 MMcfe/d (94% gas) from ~9,500 wellbores, of which ~4,000 are operated with an average 71% WI. The acreage is predominantly HBP with proven upside in coalbed methane and the dry gas Mancos......
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