
Sabinal Energy Jumps into Permian
Sabinal gets 66,500 acres in northern Permian from Chevron Privately-held Sabinal Energy announced its first acquisition on Tuesday, diving into the Permian Basin. Sabinal will purchase about 66,5000 net acres in the Central Basin Platform and the Northern Shelf from Chevron (ticker: CVX). Sabinal reports that the acquired assets are currently producing about 7,500 BOEPD and are located in Hockley,
