ClosedPublished 24 Apr 2024

Evolution Petroleum Corporation /
Red Sky Properties

Evolution Petroleum expands Oklahoma oil and gas interests with Red Sky purchase

Buy side: Evolution Petroleum Corporation
Buy sideEvolution Petroleum Corporation
Sell side: Red Sky Resources III, LLC and Red Sky Resources IV, LLC
Sell sideRed Sky Resources III, LLC and Red Sky Resources IV, LLC
Source · 24 Apr 2024Source-verified
Buy side: Evolution Petroleum Corporation
Buy sideEvolution Petroleum Corporation
Sell side: Red Sky Resources III, LLC and Red Sky Resources IV, LLC
Sell sideRed Sky Resources III, LLC and Red Sky Resources IV, LLC
01 / BuyerEvolution Petroleum Corporation
02 / SellerRed Sky Resources III, LLC and Red Sky Resources IV, LLC
03 / TargetRed Sky Properties
Source-verified
01

What happened

Evolution Petroleum Corporation completed its acquisition of the Red Sky Properties from Red Sky Resources III, LLC and Red Sky Resources IV, LLC on Feb. 12, 2024. The properties are non-operated oil and natural gas assets in central Oklahoma.

The purchase price was approximately $36.5 million, before customary purchase price adjustments.

02

The source

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01
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Evolution Petroleum expands Oklahoma oil and gas interests with Red Sky purchase

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Timeline

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