Evolution Petroleum (EPM) said late Monday it closed the acquisition of non-operated oil and natural gas assets in New Mexico, Texas, and Louisiana for $9 million.
The seller of the assets was not disclosed.
The acquisition, effective Feb. 1, was funded through a combination of cash and borrowings under the company's existing credit facility, Evolution said.
Shares of Evolution Petroleum were up more than 4% in recent after-hours activity.
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