Deal Snapshot
MAVERICK NATURAL RESOURCES ACQUIRES OVERTON FIELD PRODUCING PROPERTIES IN EAST TEXAS
Monday 15 April 2019

Texas, US-based oil and gas company Maverick Natural Resources, LLC has acquired producing properties in the East Texas-based Overton field, the company said. The acquisition includes approximately 7,600 net acres and 2,700 net boepd (28% liquids). Maverick currently operates the field and has purchased the remaining 50% non-operated working interest.

Maverick said it is focussed on applying automation and technology to further improve efficiency. The ability to operate producing assets more efficiently has translated into a competitive advantage.


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Details
Date Published: 15/04/2019
Target: 7,600 net acres and 2,700 net boepd in the producing properties in the,  East Texas-based Overton field
Country: USA
Sector: Petroleum/Natural Gas/Coal
Type: Corporate acquisition
Financing:
Status: Closed
Vendor:
Buyer: Maverick Natural Resources
Comment:
Terms of the deal were not disclosed

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