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SUGG RANCH - Exited
Permian - Midland Basin
In August 2016, OwnResources acquired the Sugg Ranch property with our capital partner, Bayou City Energy
The asset is a perfect fit with our late-life strategy. The asset's near 100% WI, ~950 boe daily production, and 33,000 net HBP acres provide signficiant upside through both improvements in operating efficiency and the development of proven, but largely untapped, stacked payzones



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