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Sabalo Energy nabs Finley Resources’ Howard County assets

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Privately held Finley Resources sold its Midland Basin assets in Howard County, Texas, to Sabalo Energy, an EnCap Investments portfolio company that is also active in the Eagle Ford. Simmons & Co. advised Finley on the sale, which targets the Spraberry, Wolfcamp A and Wolfcamp B. Although the size of the transaction wasn’t specified, Finley had hired Simmons last summer to sell a highly contiguous 11,300 net acres (15,600 gross) in Howard County with......
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