BRIEF-SM Energy Says Exercised Option To Acquire 80% Of Certain Additional Assets Adjacent To XCL Resources, Asset Acquisition-March 2024-www.financetom.com

BRIEF-SM Energy Says Exercised Option To Acquire 80% Of Certain Additional Assets Adjacent To XCL Resources, Asset Acquisition

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BRIEF-SM Energy Says Exercised Option To Acquire 80% Of Certain Additional Assets Adjacent To XCL Resources, Asset Acquisition

Aug 7, 2024 3:26 PM

Aug 7 (Reuters) - SM Energy Co ( SM ):

* SM ENERGY CO ( SM ) - ON AUG 5 EXERCISED OPTION TO ACQUIRE 80% OF

CERTAIN ADDITIONAL ASSETS ADJACENT TO XCL RESOURCES, LLC ASSET

ACQUISITION

* SM ENERGY CO ( SM ) - PRODUCTION VOLUMES EXPECTED TO RANGE

BETWEEN

15.0-15.4 MMBOE; OIL VOLUMES EXPECTED TO BE 45-46% OF TOTAL

VOLUMES IN Q3

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