Wednesday, July 10, 2013

SM To Sell Its Anadarko Basin Properties

Rigzone is reporting:
Denver-based SM Energy Co. announced Wednesday it will seek to market all of its Anadarko Basin properties, including its interest in the Granite Wash.
The company has hired an advisor to market assets that include approximately 56,000 net mineral acres and production of just over 9,000 barrels of oil equivalent per day, including 75 percent natural gas. The production from these assets represents approximately 8 percent of the company’s total production in first quarter 2013.

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