Makes DJR the largest acreage holder in San Juan Basin core oil window
 

Yesterday, privately held Denver-based DJR Energy closed on its acquisition of Encana Corporation’s (stock ticker: ECA) non-core San Juan Basin assets in northern New Mexico.

Source: DJR Energy

The asset includes:

Approximately 182,000 net acres, representing Encana’s total land position in the play.
Average production of approximately 5,400 barrels of oil equivalent per day, including 3,900 barrels per day of liquids, in 2017.
The transaction was by Encana’s subsidiary, Encana Oil & Gas Inc.

As a result of the purchase, DJR now holds the largest position in the core of the oil window in the San Juan Basin. This includes over 350,000 net acr...


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