Lime Rock Resources Acquires Two Properties For $358.5 Million
01/04/22, 5:49 PM
Lime Rock Resources, acquirers and operators of producing oil and gas properties in the United States, announces two acquisitions today. It has acquired the Williston Basin properties of Abraxas Petroleum for $87.2 million. It has also acquired properties from a private seller in the Austin Chalk and Eagle Ford in Texas for $271.3 million. Over the last four months, the Lime Rock Resources team has made over $850 million in total property acquisitions.
Company Info
Company info
Based in Houston, the Lime Rock Resources team acquires, operates, and improves producing oil and gas properties in the United States. The team has acquired properties in select oil and gas basins nationwide as it seeks to provide its investors with attractive long-term returns. Established in 1998, Lime Rock Management has raised $9.8 billion in private equity funds for investment in the energy industry through Lime Rock Resources, Lime Rock Partners, and Lime Rock New Energy. For more information, please visit www.limerockresources.com.
SOURCE Lime Rock Resources