Dunamis Energy has closed two Colorado oil and gas acquisitions
The acquisitions added 16,000 net acres and 58 operated wells in Weld and Adams Counties, boosting total production to over 16,000 boepd.
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Oil and gas production company
dunamis-energy.comLast updated
In short: Dunamis Energy expanded its Colorado footprint through major DJ Basin acquisitions and secured significant new financing and commitments.
The acquisitions added 16,000 net acres and 58 operated wells in Weld and Adams Counties, boosting total production to over 16,000 boepd.
The deal adds 22,000 net acres, 307 operated PDP wells (~7,000 boepd) and a $1.0B reserve-based loan led by JPMorgan with five joint lead arrangers.
EnCap Investments and management increased commitment to support drilling, leasehold expansion, and acquisitions.
The company partnered with EnCap Investments and acquired ~32,000 net acres in Colorado's DJ Basin for an operated position.
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