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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:
Location
Multiples
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 $34.7 million.
Williston Basin Deal Activity In Last 12 Months
Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
---|---|---|---|---|---|
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 |
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 $865 Million Cash Deal | - | - |
Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
---|---|---|---|---|---|
Aug-27-2018 | - | - | Click here | Ohio | E&P |
Jan-29-2018 | - | - | Click here | Ohio | E&P |
Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
---|---|---|---|---|---|
Sep-09-2016 | - | - | Click here | North Dakota | E&P |
Nov-05-2015 | - | - | Click here | North Dakota | E&P |