Sunday, July 28, 2024

NOG Announces Second Joint Acquisition With Vital Energy In The Delaware Basin -- July 28, 2024

Locator: 48251NOG.

Link here.


If I understand this correctly, for NOG:
  • $220 million
  • 4,500 boepd
  • 4,000 net mineral acres
    • $220 million / 4,500 = $50,000 / boepd (rounded)
    • $220 million / 4,000 = $55,000 / acre

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