Disclaimer: this is not an investment site. This is here for archival purposes only.
Abraxas - NRP, June 17, 2013; 13,500 net acres for $35 million cash
WLL up for sale?, September 14, 2012
Chevron cash fuels talk of deal, WSJ, August 28, 2012
XOM - DNR, September 20, 2012
- Encore --> DNR --> XOM
- Announced August 24, 2012
- $1.38 billion
- 27,600 acres; little else
- $20,000 - $40,000/acre
- announced April 25, 2012
- $1 billion
- 46,000 acres (based on my data which may be incorrect)
- $1 billion/46,000 --> $22,000/acre but there were producing assets, other assets; thus lowering this number
- HK paid $20 cash + 1.932 of its shares for each GEOI share; valued the company at $38/share; a 23% premium on day of announcement
- after announcement, GEOI rose > 18% to an all-time high of $36.41
- GEOI has been publicly trading since the late 1970s
- announced July 11, 2012
- VOG acquires Emerald Oil; will operate as Emerald Oil
- all assets
- all assets
- American Oil and Gas: 85,000 acres to the deal
- Tracker: 167,000 acres to the deal
- Eternal Energy merges with American Eagle, together a $37 million company
Denbury-Encore
Magnum Hunter - Baytex
- Baytex sells 50,400 net Bakken acreage to Magnum Hunter
- 50,000 net acres
- MDU sells some of its acreage to Oasis; much of it in MDU's Cottonwood field
- announced December, 2009
- $41 billion deal
- not quite similar to others among the Bakken deals (see first comment below)
- a natural gas play
- XTO's assets in the Bakken just a small part of XTO's overall assets
- in 2007 time-frame (see comments)
- $1.9 billion
- XTO buys Headington assets in Montana and North Dakota Bakken
WPX buys 7% of the reservation
