Black Elk expands its presence in GoM

Offshore staff

HOUSTON – Black Elk Energy Offshore Operations LLC says it has closed on its purchase and sale agreement with a private equity company to acquire 40 fields with current production of approximately 8,200 net boe/d.

The acquisition includes a geographically diversified set of Gulf of Mexico assets with significant proved non-producing and proved undeveloped opportunities. The transaction represents the eighth acquisition by Black Elk since 2008. The purchase includes 399 wells, with an estimated 20 net MMboe of proven reserves.


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