Latest News and Analysis
Deals and Transactions
Track Drilling (Rigs by operator) | Completions (Frac Spreads)

    emailEmail    |    bookmarkBookmark

Apollo-backed Resource Energy Acquires Williston Property For $34 Million

Announced Date
April 26,2017
Deal Value $
34,700,000
Net Acres
45,000
Transaction Type
Property
Buyer
Seller
Price Per BOE $
40,000
Source Documents:
   Source Link
Location
Region
Williston Basin

Country
United States

State
North Dakota

Play


Production & Reserves
Production
1,500 Boe/d

Reserves
3 MMboe (1P)


Multiples
Production ($/boe/d)
23,133

$Price/Net Acre
771

$1P Boe
12

Adj. $/acre is based on production @40,000 Boe/d

Transaction Details: 

Apollo-backed, Resource Energy is acquiring from Blue Ridge Mountain Resources some ~45,000 net acres and 1500 boe/d of production for $34.7 million.

 

Williston Basin Deal Activity In Last 12 Months



Other Williston Basin Region's Deals



Announced DateBuyerSellerDeal Value($mm)LocationCategory
Jan-31-2024 - - Click here North Dakota  E&P
Aug-24-2023 - - Click here North Dakota  E&P
Sep-06-2022 - - Click here   E&P
Jul-11-2022 - - Click here Texas  E&P
Jul-06-2022 - - Click here Montana  E&P

Price History



Date Deal Headline Price$/acre
Apr-03-2023 Grayson Mill Adds More Bakken, Acquires Ovintiv's Assets For $825 Million - -
Sep-06-2022 Sitio Royalties, Brigham to Merge in All-Stock Deal Worth $4.8 Billion - -
Jun-08-2022 Devon Acquires Williston Assets from PE-Backed E&P in $865 Million Cash Deal - -

Other Blue Ridge Mountain Resources Inc. Deals



Announced DateBuyerSellerDeal Value($mm)LocationCategory
Aug-27-2018 - - Click here Ohio  E&P
Jan-29-2018 - - Click here Ohio  E&P

Other Resource Energy Partners LLC Deals



Announced DateBuyerSellerDeal Value($mm)LocationCategory
Sep-09-2016 - - Click here North Dakota  E&P
Nov-05-2015 - - Click here North Dakota  E&P