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CP Exploration sale sets new Delaware Basin high point per acre - Tuesday, May 16, 2017

DALLAS Private oil and gas company CP Exploration (CPX) announced yesterday that it has closed the sale of certain Delaware Basin assets for $160 million. The assets include approximately 2,200 net acres in the core of the southern Delaware Basin, and approximately 2,400 net, undeveloped acres in the Alpine High. This sale sets a new Delaware Basin high watermark per acre.


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