Vitesse Energy LLC, a subsidiary of Leucadia National Corp., announced the acquisition of non-operated oil and gas assets in the Williston Basin from EnerVest Operating LLC. The assets acquired include a working interest in approximately 600 wells and over 19,000 net acres primarily in Williams, McKenzie and Mountrail counties for a preliminary purchase price of $186.5 million, subject to customary post-closing adjustments. The purchase and sale agreement was originally signed on August 1, 2014 and the acquisition closed on September 8, 2014.
Bob Gerrity, CEO, remarked, “This acquisition represents a synergistic addition to our existing high-quality acreage in the core area of the Bakken and Three Forks play, and also provides new growth opportunities in developing areas of the field where technology continues to enhance returns.”
Vitesse Energy is based in the Centennial, Colo., area.
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