Dallas-based Ellipsis U.S. Onshore Holdings said last week it acquired non-operated oil and gas assets in Permian Basin. The assets include current net production of about 4,000 boed and more than 600 gross remaining drilling locations. Ellipsis said, “The transaction enhances Ellipsis’ growing Delaware Basin footprint and aligns with the company’s strategy of building scale through high-margin, low-cost, non-operated assets.”
Ellipsis’ assets include more than 8,200 net acres in northern Delaware Basin, and the company expects to produce a daily average of 20,000 boed for the balance of 2025.
Matt Gentry and Adam Howard, managing directors, said Aug 19, “The Permian acquisition builds on our strong Delaware Basin foundation.” Ellipsis is a portfolio company of Westlawn Group.
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