Costilla Resources To Sell Granite Wash Acreage In Texas Panhandle

摘要

Costilla Resources LLC aims to divest proven Granite Wash acreage surrounded by active drilling in the Texas Panhandle. Meagher Energy Advisors is assisting Costilla with the sale of about 4,019 net acres with 75% net revenue interest in Hemphill and Roberts counties, Texas. The primary target of the leasehold is the Granite Wash Shale including as many as 70 different sandstone or conglomerate sections. The leasehold ranges from three to more than 20 liquid rich stacked intervals at depths of 8,800 feet to 13,700 feet. The depositional thickness is 1,500 feet to 3,500 feet.