Verdad Resources LLC

Lineage of Verdad Resources LLC walked through the transactions ledger. Earliest predecessor at the top; most recent owner at the bottom. Each counterparty exposes deep links so you can pivot into their drilling activity, news, assets and people without leaving the chain.

1. Predecessor (acquired by this company)

   OneEnergy Partners, LLC

   • September 6, 2018
   • View deal →

   Franklin Mountain Energy, an affiliate of Franklin Mountain Capital, has entered into a definitive agreement with OneEnergy Partners Operating, LLC to acquire its existing operations and leasehold, totaling…

   • Overview
   • Drilling
   • News
   • Permits
   • Completions
   • Assets
   • People
2. Predecessor (acquired by this company)

   Franklin Mountain Energy, LLC

   • November 13, 2024
   • $3950M
   • View deal →

   Coterra Energy announced the acquisition of Permian Basin assets from Franklin Mountain Energy and Avant Natural Resources for $3.95 billion (comprised of $2.95 billion in cash and $1.0 billion in Coterra common stock)…

   • Overview
   • Drilling
   • News
   • Permits
   • Completions
   • Assets
   • People
3. Predecessor (acquired by this company)

   Coterra Energy

   • February 2, 2026
   • $21400M
   • View deal →

   Transaction Overview Devon and Coterra have agreed to merge in an all-stock transaction that will create a large-cap U.S. shale operator with a premier position in the Delaware Basin. The combined company will retain…

   • Overview
   • Drilling
   • News
   • Permits
   • Completions
   • Assets
   • People
4. Predecessor (acquired by this company)

   Devon Energy Corp

   • August 14, 2018
   • $215M
   • View deal →

   Carrizo Oil & Gas has agreed to acquire Delaware Basin properties from Devon Energy for $215 million in cash. This deal closed on October 19, 2018. Deal Highlights: Approximately 10,600 gross (9,600 net) acres located…

   • Overview
   • Drilling
   • News
   • Permits
   • Completions
   • Assets
   • People
5. Predecessor (acquired by this company)

   Carrizo Oil & Gas Inc.

   • November 27, 2017
   • $140M
   • View deal →

   Carrizo has agreed to sell its entire non-op DJ Basin property $140 million in cash to Verdad Oil & Gas Corp. Property Highlights: Production : 2,427 BOEPD (69% oil) Land & Leasehold : 30,600 net acres Resource…

   • Overview
   • Drilling
   • News
   • Permits
   • Completions
   • Assets
   • People
6. This company

   Verdad Resources LLC

7. Acquirer

   Japan Petroleum Exploration Co., Ltd.(JAPEX)

   • December 18, 2025
   • $1260M
   • View deal →

   Japan Petroleum Exploration Co., Ltd. (JAPEX) announced the acquisition of all equity interests in Verdad Resources Intermediate Holdings LLC — a Tailwater Capital portfolio company and pure-play DJ Basin operator — for…

   • Overview
   • Drilling
   • News
   • Permits
   • Completions
   • Assets
   • People