Luxe Energy to sell Southern Delaware Basin for $560 mln

Luxe Energy LLC said July 13 that it agreed to sell its Southern Delaware Basin to an undisclosed third party for $560 million. The assets are primarily operated leasehold interests, the majority of which are located along the Pecos River in Reeves and Ward counties, Texas. Luxe Energy is backed by Natural Gas Partners.

14 July 2016•3 mins read
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