ConocoPhillips will divest its Barnett Shale portfolio to Lime Rock Resources for $200 million as Conoco continues to pursue disciplined growth after realigning its portfolio in 2017. For Lime Rock, the deal marks its entry into the Fort Worth Basin, adding a fifth area to its core MidContinent, Permian Basin, Williston Basin and Gulf of Mexico assets. The deal is expected to close by year’s end.Lime Rock gains 54 MMcfe/d (55% gas) across 114,000 net acres within......
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