Memorial Resource Development Corp. (MRD) entered into separate transactions to acquire or lease certain acreage adjacent to its existing operating areas in North Louisiana, the company said Sept. 21.

The company entered a definitive purchase and sale agreement with a third party to acquire about 45,807 gross (45,121 net) acres in Jackson and Lincoln parishes. This transaction is scheduled to close in this year’s fourth quarter, and its effective date is Aug. 1. Click here to continue to read.

by epedigo@hartenergy.com