Casillas Petroleum Resource Partners will take over 260 wells covering about 12,000 net acres spanning Garvin, Grady and McClain counties in the Scoop tight oil trend.
“This acquisition is a great foundation for Casillas to begin building a significant operated position in one of the top tier resource plays in the lower 48,” Casillas chief executive Greg Casillas said. “The HBP nature of the asset gives us optionality as we navigate through this commodity cycle; however, we are excited about the immediate development potential we see in the Woodford and Springer shales.”
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