Twin Lakes San Andres Unit - Ownership and Business Overview

Oil/gas ExplorationCompany

Twin Lakes San Andres Unit Ownership

Who owns Twin Lakes San Andres Unit?

Twin Lakes San Andres Unit is owned by Petrolia Energy. It was acquired on April 26, 2017.

Twin Lakes San Andres Unit Business Overview

Where is Twin Lakes San Andres Unit headquartered?

Twin Lakes San Andres Unit is headquartered in Chaves County, New Mexico.

What sector is Twin Lakes San Andres Unit in?

Twin Lakes San Andres Unit is an oil/gas exploration company.

Oil/gas Exploration M&A Summary in 2017

Out of 60 sectors in the Mergr database, oil/gas exploration ranked 33 in number of deals in 2017. The largest oil/gas exploration acquisition in 2017 was ENGIE E&P International SA - which was acquired by Neptune Oil & Gas for $5.3B.

Join Mergr to view all 61 acquisitions of oil/gas exploration companies in 2017, including 22 acquisitions by private equity firms, and 39 by strategics.

Twin Lakes San Andres Unit

Chaves County, New Mexico
United States,

Twin Lakes San Andres Unit approximately 75,000 square miles, stretching across West Texas and Southeastern New Mexico. The greater Permian is made up of several smaller basins, the largest being the oil-rich Midland basin. With our acquisition of various position’s in the Twin Lakes San Andres Unit, close to Roswell, NM, we have added to our portfolio a premier land position in Northern Shelf of the Permian Basin of New Mexico. With over 30 billion barrels of cumulative oil production, the Permian is a proven oil-rich resource play with multiple stacked horizontal targets. Petrolia Energy, along with many others, believe that the Permian’s unconventional production potential will exceed the Eagle Ford and the Bakken combined.


Company Summary

SECTOR

Oil/Gas Exploration

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