SM Energy

SM Energy entered into separate agreements to acquire approximately 28,000 additional net acres in the Powder River basin in northeast Wyoming. The company has agreed to pay a cash consideration of approximately USD 100 million, plus trade approximately 7,000 net acres in other portions of the basin. The acquisition will increase SM Energy’s total acreage in the Powder River basin to approximately 161,000 net acres.


STAY CONNECTED

Don't miss the latest content delivered to your email box weekly. Sign up for the JPT newsletter.