U.S. Energy Development Corporation expands Permian footprint acquiring $390 million asset and announces upsized credit facility
Oil & Gas 360º
APRIL 15, 2025
The position includes a substantial proved producing component and multi-year drilling inventory to supplement the firms existing footprint in the area. This landmark transaction marks the largest single acquisition in the companys 45-year history and significantly expands its total Permian Basin holdings. oil and gas properties.
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