Riviera Resources to Sell North Louisiana Assets for $26.5 Million

Updated 1 year 1 month ago

Riviera Resources has signed a definitive agreement to sell its North Louisiana properties to an undisclosed buyer for $26.5 million. This includes 100 wells with a net production of 16 MMcf/d in the second quarter of 2020. RBC Richardson Barr acted as an advisor, and the deal is expected to close in the third quarter of 2020.