Details Emerge on Sale of EnerVest Acreage

August 12, 2013
Posted By: Michael T. Altvater

EnerVest announced details of the sale of over 22,500 acres in Harrison, Guernsey and Noble counties. EnerVest did not identify the buyer of the acreage, but confirmed the sale amount of $284.3 million or $12,900 per acre. The publicly held portion of EnerVest, EV Energy, will retain an overriding royalty interest on the property.