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Surge Energy America Announces Significant Midland Basin Acquisition
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HOUSTON, Jan. 31, 2021 /PRNewswire/  Surge Energy US Holdings Company ( Surge Energy or the Company ) announced in the US that it, through its subsidiary, has signed a purchase and sale agreement to acquire leasehold interest and producing wells from Grenadier Energy Partners II LLC ( GEP II ) in Howard County, TX (the Transaction ).  The aggregate purchase price of the Transaction is expected to be approximately $420 million USD.
Highlights of the acquired assets include:
Average production of approximately 9,000 Boepd (approximately 75% oil)
Approximately 18,010 net leasehold acres
Operated inventory of approximately 120 high-quality, economic future drilling locations ....

United States , Howard County , Linhua Guan , Surge Energy Us Holdings Company , Grenadier Energy Partners , Thompson Knight , Vinson Elkins , Surge Energy , Chief Executive Officer , Midland Basin , West Texas , ஒன்றுபட்டது மாநிலங்களில் , ஹோவர்ட் கவுண்டி , எழுச்சி ஆற்றல் எங்களுக்கு ஹோல்டிங்ஸ் நிறுவனம் , கிரெனேடியர் ஆற்றல் கூட்டாளர்கள் , தாம்சன் நைட் , வின்சன் எல்கின்ஸ் , எழுச்சி ஆற்றல் , தலைமை நிர்வாகி அதிகாரி , மிட்லாண்ட் பேசின் , மேற்கு டெக்சாஸ் ,