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Carrizo Acquires Delaware Basin Property From ExL for $648 Million
Announced Date
June 28,2017
Deal Value $
748,000,000
Net Acres
16,488
Location Count
350
Transaction Type
Property
Buyer
Seller
Price Per BOE $
40,000
Working Interest
70%
Location
Multiples
Region
Permian - Delaware Basin
Country
United States
State
Texas
County
Reeves ,Ward
Play
Production Production
8,000 Boe/d
Production Mix
48 % Oil
Multiples
Production ($/boe/d)
93,500
$Price/Net Acre
45,366
$Price/Adj. Net Acre
25,958
$/Location
1,222,857
Adj. $/acre is based on production
@40,000 Boe/d
Transaction Details:
Carrizo has acquired 16,488 net acres in the Southern Delware Basin (Reeves and Ward county, tx) from Quantum Energy-backed ExL Petroleum for $648 million in cash. The asset is currently producing 8,000 boe/d (47% oil ).
Permian - Delaware Basin Deal Activity In Last 12 Months
Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
---|---|---|---|---|---|
Dec-15-2023 | - | - | Click here | Texas | E&P |
Sep-13-2023 | - | - | Click here | Texas | E&P |
Jun-20-2023 | - | - | Click here | New Mexico | E&P |
May-03-2023 | - | - | Click here | Texas | E&P |
Jan-24-2023 | - | - | Click here | New Mexico | E&P |
Date | Deal Headline | Price | $/acre |
---|---|---|---|
Jan-04-2024 | APA Corp to Acquire Permian Pure Player- Callon In All Stock Deal | - | - |
Nov-21-2023 | Northern Oil Acquires Additional Permian Working Interest; Enters Utica | - | - |
Aug-21-2023 | Permian Resources Acquires Earthstone Energy | - | - |
Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
---|---|---|---|---|---|
Nov-06-2018 | - | - | Click here | Texas | E&P |
Sep-10-2009 | - | - | Click here | Texas | E&P |
Other Carrizo Oil & Gas Inc. Deals
Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
---|---|---|---|---|---|
Jul-15-2019 | - | - | Click here | Texas | E&P |
Aug-14-2018 | - | - | Click here | Texas | E&P |
Dec-12-2017 | - | - | Click here | Texas | E&P |
Nov-27-2017 | - | - | Click here | Colorado | E&P |
Oct-06-2017 | - | - | Click here | Pennsylvania | E&P |