Enduring Resources signed an agreement with American Energy–Permian Basin (AEPB) to sell AEPB around 63,000 net acres of leasehold in the southern Permian Basin, primarily in Regan and Irion counties, Texas, for USD 2.5 billion. AEPB plans to drill up to around 2,500 gross wells and 1,750 net wells on this acreage over the next decade. Upon completion of the transaction, the properties are expected to have net production of around 16,000 BOE/D.
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