HOUSTON–(BUSINESS WIRE)–Riverbend Energy Group (“Riverbend” or the “Company”), via certain of its affiliates, announced today the acquisition of a sizeable non-operated working interest position in the core of the Williston Basin (the “Acquisition”). The Acquisition, along with other recent transactions, provides a high-quality, free cash flow positive non-operated asset base in both the Williston and Permian basins, underpinned by top-tier operators in the most active oil-producing basins in the U.S.
For more than 20 years, our team has demonstrated its capabilities as a leading energy investment manager and operating company. With this transaction, our team continues to rely on our established acquisition and asset management process, which leverages our proprietary systems and technologies to identify and aggregate high value asset
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