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Grayson Mill to acquire Bakken Assets from Equinor

Grayson Mill Energy LLC, backed by EnCap Investments, acquired Bakken interests in North Dakota and Montana from Equinor ASA for $900 million. The transaction covers Equinor’s operated and non-operated acreage totaling 242,000 net acres. It also covers associated Bakken midstream assets. Entitlement production from these assets in the fourth-quarter 2020 was 48,000 boe/d (net of […]