DENVER, Aug. 2, 2016 /PRNewswire/ -- Bayswater Exploration & Production ("Bayswater") today announced that it has entered into a definitive agreement to sell a portion of its oil and natural gas properties located in the DJ Basin to Extraction Oil & Gas for an undisclosed amount. The transaction is expected to close on or before September 30, 2016, and is subject to customary closing conditions.
Following the closing, Bayswater will continue to operate a significant portfolio of oil and gas properties in the DJ Basin. Bayswater is a Denver, Colorado based oil and gas development company that was established in 2004.
Victor Wind, 303-893-2503
Chief Financial Officer
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SOURCE Bayswater Exploration & Production