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$465M in Permian Basin lands sold for oil and gas production

Domestic crude oil was trading at about $103 a barrel Monday morning, per the latest data from the Chicago Mercantile Exchange.

United statesCrane countyNew mexicoPaul mckinneyWilliam bouyeaSupreme courtStronghold energyBaker hughesChicago mercantile exchangeRing energyPermian basinChicago mercantileWest texasNew mexico permian basinChief executive officer paul mckinneyCentral basin platform

$465M in Permian Basin lands sold for oil and gas production

Domestic crude oil was trading at about $103 a barrel Monday morning, per the latest data from the Chicago Mercantile Exchange.

United statesCrane countyNew mexicoPaul mckinneyWilliam bouyeaSupreme courtStronghold energyBaker hughesChicago mercantile exchangeRing energyPermian basinChicago mercantileWest texasNew mexico permian basinChief executive officer paul mckinneyCentral basin platform

Ring Energy Acquires Stronghold Assets

Ring Energy has signed an agreement to acquire assets of Stronghold, majority owned by Warburg Pincus.

United statesCrane countyPauld mckinneyWarburg pincusStronghold energy ii royaltiesStronghold energyCitizens bankRing energyPermian basinCentral basin platformTruist securitiesKeybanc capital marketsNorthwest shelfChief executiveOil and gas petroleum news events stories articles analysis commentary headlines stocks finance commodities maps pictures

Ring Energy Acquires Stronghold Assets

Ring Energy has signed an agreement to acquire assets of Stronghold, majority owned by Warburg Pincus.

United statesCrane countyPauld mckinneyWarburg pincusStronghold energy ii royaltiesStronghold energyCitizens bankRing energyPermian basinCentral basin platformTruist securitiesKeybanc capital marketsNorthwest shelfChief executive

Ring to Shore Up Permian Production, Reserves, with $465M Stronghold Acquisition

Ring Energy Inc. has entered a deal to acquire the Permian Basin assets of privately held Stronghold Energy II Operating LLC and Stronghold Energy II

Paul mckinneyStronghold energy ii operatingRing energy incWarburg pincusEarthstone energy incStronghold energy ii royaltiesTitus oil gasRing energyPermian basinStronghold energyCrane countyCentral basin platformNorthwest shelfEarthstone energyTitus oil

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