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Sabalo Energy nabs Finley Resources’ Howard County assets
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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