PLS Inc. has been engaged to handle a transaction.
The remaining portion is scheduled to close in the first quarter of 2015.
The company has taken the opportunity to obtain long-lived natural gas reserves at good prices, CEO says.
Eagle used the proceeds from its exit from the Permian Basin in August to fund the acquisition.
Calgary's Leucrotta now has more than 170 net sections of Montney prospective lands in the area.
Lightstream plans to lower spending next year by 61% and reduce its dividend 63%.
Complementary acreage positions create an upstream industry leader in East Texas.
The Houston company intends to use combined net proceeds from these sales to repay in full the $1.3 billion term loan.
The purchase gives Synergy a total acreage position in the Wattenberg Field of roughly 35,000 net acres.
Jones has 100% working interest.
The companies have retained EnergyNet to handle the offering through four sealed bid sales processes.
The Oil & Gas Asset Clearinghouse December auction features 131 lots combined from 1,863 oil and gas properties.
|E&P||USD 410||Members only||EOG Resources Inc.|
|S&S||USD 36.3||Members only||Swaggart Brothers Inc.|
|S&S||USD 70||Members only||J-W Wireline Co.|
|Mid||USD 2750||Members only||Apache Corp.|