The company has acquired a 10% working interest in the 320 gross acres in Dawson County, and is expected to acquire an additional 480 gross acres within the Six Shooter project later this year.
The Big Star Six Shooter project covers an area of about 800 acres in the Wolfberry Trend, which encompasses the Sprayberry/Dean, Wolfcamp, Canyon, Strawn and Mississippian formations.
Cross Border will participate in the first well, scheduled to spud this month on a 1/3 for a 1/4 promoted basis.
