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Company plans to return shut-in Oklahoma wells to production

Foothills Exploration Acquires 545 Wells in Kansas, Oklahoma

Foothills Exploration’s acquisition of Jubilee Exploration adds 545 wells to its U.S. Midcontinent inventory across Oklahoma and Kansas.

US: Foothills Exploration announces 545-well acquisition in Kansas and Oklahoma

Foothills Exploration has closed on the acquisition of 100% interest in Jubilee Exploration, an Oklahoma limited liability company, which owns 545 shut-in or stranded oil and gas wells situated on multiple leases located in northeastern Oklahoma and southeastern Kansas.

Foothills Exploration acquires 545 oil and natural gas wells in Kansas, Oklahoma

The assets provide Foothills with a platform to deliver double-digit growth in production, reserves, and revenues in 2023 and 2024. The acquisition includes substantial reserves behind pipe, infrastructure in place to drive low-cost development and natural gas weighted assets.

Foothills Exploration acquires 545 oil and natural gas wells in Kansas, Oklahoma

Foothills Exploration acquires 545 oil and natural gas wells in Kansas, Oklahoma
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