Aug. 25, 2018

US Energy strikes a deal with APEG I Partners

In order to buy oil and gas producing assets in the Bakken formation, US Energy has signed a MoU with a Texas partnership APEG I Partners. Under the MoU terms, US Energy will get interests of 67 wells of APEG in Williams and McKenzie counties. With the $17.8m transaction, the company plans to consolidate its leasehold position in the area by tapping potential opportunities for acreage swaps.

   Read More About : Mergers and Acquisitions UPSTREAM US Texas
All News