TXO Energy Partners, L.P. acquired Producing Properties Including 21,112 Gross Leasehold Acres in the Permian Basin in Texas of Chevron from Chevron Andrews Parker for $43.8 million.
July 13, 2022
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TXO Energy Partners, L.P. (NYSE:TXO) acquired Producing Properties Including 21,112 Gross Leasehold Acres in the Permian Basin in Texas of Chevron from Chevron Andrews Parker for $43.8 million in December, 2021.
TXO Energy Partners, L.P. (NYSE:TXO) completed the acquisition of Producing Properties Including 21,112 Gross Leasehold Acres in the Permian Basin in Texas of Chevron from Chevron Andrews Parker in December, 2021.
TXO Partners, L.P. is an oil and gas company. The Company is focused on the acquisition, development, optimization and exploitation of conventional oil, natural gas, and natural gas liquid reserves in North America. The Companyâs acreage positions are concentrated in the Permian Basin of West Texas and New Mexico and the San Juan Basin of New Mexico and Colorado. The Company seeks to maintain low-risk development and exploitation of its existing properties, increasing its reserves and production. It owns 50% of Cross Timbers Energy, LLC (Cross Timbers Energy). Cross Timbers Energyâs properties are located primarily in the San Juan Basin of New Mexico and Colorado and the Permian Basin of West Texas and New Mexico. The Company also has a wholly owned subsidiary, MorningStar Operating LLC, which owns oil and gas assets primarily in the San Juan Basin of New Mexico and Colorado and the Permian Basin of West Texas and New Mexico. oil and gas company.
TXO Energy Partners, L.P. acquired Producing Properties Including 21,112 Gross Leasehold Acres in the Permian Basin in Texas of Chevron from Chevron Andrews Parker for $43.8 million.