Centennial Resource Development, Inc.
Pagina dedicata companiei Centennial Resource Development, Inc. listata cu simbolul US.CDEV
Descriere companie
Centennial Resource Development, Inc. (www.cdevinc.com) is an independent oil and natural gas company. The Company is focused on the development of unconventional oil and associated liquids-rich natural gas reserves in the Permian Basin. The Company’s assets are concentrated in the Delaware Basin, a sub-basin of the Permian Basin, and its properties consist of contiguous acreage blocks in West Texas and New Mexico. The Company has established commercial production on its acreage using horizontal drilling from approximately ten distinct zones, including the Avalon Shale, 1st Bone Spring Sand, 2nd Bone Spring Sand, 2nd Bone Spring Shale, 3rd Bone Spring Sand, 3rd Bone Spring Shale, Upper Wolfcamp A, Lower Wolfcamp A, Wolfcamp B and Wolfcamp C. Its acreage is located in Texas, primarily in Reeves County and the remaining is located in Lea County, New Mexico. The Company has acquired approximately 81,657 net acres. In addition, it owns approximately 1,472 net mineral acres in the Delaware Basin.
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