Struck oil: Lime Rock Resources purchases $508M in O&G properties

​HOUSTON – Lime Rock Resources has acquired $508.3 million in oil and gas properties in the Delaware Basin of Texas. 

The property is primarily in Loving County. As of April 1, 2021, it produces 15,162 barrels of oil equivalent per day. 

The transaction is expected to close Sept. 30.​

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​Source: Connect CRE

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