Current YUMA Stock Info

Yuma Energy, Inc. (ticker: YUMA) said it has sold its wholly owned subsidiary’s El Halcón property for $5.5 million.

Source: Yuma Energy

The assets are located in Brazos County, Texas, and Yuma held an average working interest of approximately 10% (1,557 net acres) producing approximately 140 Boe/d net from 50 Eagle Ford wells and one Austin Chalk well.

Yuma also announced that on May 19, 2017 the lenders under its bank credit facility reaffirmed its borrowing base of $44.0 million.  Upon closing of the sale of the El Halcón property, ...

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