Oklahoma City-based Impact Energy Partners LLC announced it has finalized the acquisition of 100 operated properties along with 23,479 net acres in northern Oklahoma where it is expanding operations.
The acquisition was in Grant, Garfield and Alfalfa counties which make up northwest Oklahoma’s Mississippi Lime field. The purchases followed Impact Energy’s two previous purchases of non-operated assets totaling 40,000 acres across 17 counties of the state. The earlier acquisitions included 200 wells that produced 443 barrels of oil a day along with 4.6 million cubic feet of natural gas a day.
“These assets were a nice bolt on to our existing field operations in this area,” said Grant Raney, Impact’s vice president of land. “We see substantial upside potential in capturing cost efficiencies, consolidating operations, and we have identified several wells with behind pipe undeveloped pay zones.”