HOUSTON, August 15, 2019 – – Scorpion Oil & Gas, LLC (“Scorpion”) announced today the acquisition of twenty-two (22) operated natural gas properties in the Black Warrior Basin of Mississippi from a private independent upstream company. “Here we go again, I can’t make this stuff up! When we decided to do our first operated deal in the Black Warrior Basin, as a core part of our strategy, I felt like we would be able to find a good pipeline of asset deals in the basin. But my goodness, I didn’t think we would find them so quickly! This second operated deal is a confirmation of our strategy – find great assets and execute great deals away from the sizzle and high value expectations of the Permian Basin, SCOOP / STACK, Eagle Ford and Bakken. Maybe we’ll get to those basins one day, but for now, we’re quite happy in the Black Warrior Basin,” commented Nat J. Raggette, Founder & CEO.
About Scorpion Oil & Gas, LLC
Scorpion is a privately-held independent upstream company focused on the acquisition and development of U.S. onshore conventional oil and natural gas assets, with a current focus on the Black Warrior Basin of Mississippi and Alabama. For more information about Scorpion Oil & Gas, please visit our website: www.scorpionog.com