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MCS - Riviera Resources Highlights - September 11, 2019
Riviera Resources, a successor corporation to Linn Energy, has agreed to sell its remaining assets in the Hugoton Basin of southwest Kansas and Oklahoma to Scout Energy Partners for $295 million. The upstream assets include ~1 million net acres (100% HBP, 98% operated, 97% WI, 85% NRI) in the Hugoton, 771 Bcfe of PDP reserves and current production of 104 MMcfe/d (72% gas).The assets also include the 450 MMcf/d capacity Jayhawk gas processing plant,......
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