Reuters logo
a year ago
BRIEF-SM Energy announces additional asset divestitures
October 3, 2016 / 10:42 AM / a year ago

BRIEF-SM Energy announces additional asset divestitures

Oct 3 (Reuters) - SM Energy Co

* Has engaged Petrie Partners to explore a sale of certain leasehold assets in Williston Basin

* Separately, company has closed on previously announced divestitures of assets located in New Mexico, North Dakota, Montana, and Wyoming

* Closure for net proceeds after purchase price adjustments and fees of approximately $186.7 million

* Assets to be sold include about 54,500 net acres and all lease-holdings in basin outside of company's divide county program

* SM Energy announces additional asset divestitures Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below