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Panther Energy Company II, LLC announced on January 12, 2017, that assets in the Delaware Basin had sold to WPX Energy and Scala Energy.

Panther Energy Company II, LLC and its partners have announced the divestiture of their producing properties and undeveloped acreage in the Delaware Basin in Texas to WPX Energy and Scala Energy.  This divestiture resulted in a $883 million cash transaction on March 10, 2017.  The main drilling targets include Wolfcamp Upper A, Wolfcamp Lower A, Wolfcamp B, Wolfcamp C, 1st Bone Spring and 3rd Bone Spring.