Penn Virginia to Bolt On Eagle Ford Acreage in Lavaca County
Multiples
Transaction Details:
Penn Virginia Corporation has entered into a definitive agreement to acquire approximately 13,125 (11,660 net) Eagle Ford Shale acres in Lavaca County, Texas for approximately $45 million, of which approximately $34 million will be paid at closing and the balance of approximately $11 million will be paid over time as a drilling carry.
The sale is expected to close in August 2014
The acquired acreage is adjacent to our Shiner area and is estimated to contain approximately 150 gross potential drilling locations, most of which we expect will be prospective in the Upper Eagle Ford Shale.
Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
---|---|---|---|---|---|
Nov-03-2022 | - | - | Click here | Texas | E&P |
Jul-09-2021 | - | - | Click here | Texas | E&P |
Nov-03-2020 | - | - | Click here | Texas | E&P |
Aug-18-2020 | - | - | Click here | Texas | E&P |
Jul-20-2020 | - | - | Click here | Colorado | E&P |
Date | Deal Headline | Price | $/acre |
---|---|---|---|
Aug-14-2023 | Silverbow Increase Eagleford Footprint , Chesapeake Exits | - | - |
May-03-2023 | Crescent Energy Acquires Eagle ford Assets For $600 Million | - | - |
Feb-28-2023 | Baytex Acquires Pure Play Eagle Ford Operaor Ranger Oil | - | - |
Other Penn Virginia Corp Deals
Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
---|---|---|---|---|---|
Jul-12-2021 | - | - | Click here | Texas | E&P |
Nov-03-2020 | - | - | Click here | Texas | E&P |
Oct-29-2018 | - | - | Click here | Texas | E&P |
Jul-31-2018 | - | - | Click here | Oklahoma | E&P |
Jan-02-2018 | - | - | Click here | Texas | E&P |